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5 Things to Know Today: Oil Tops $108, CPI Day, and the Investment Summit Kicks Off

  Monday, September 14, 2026 A busy Monday for your wallet: oil has punched through $108 a barrel on a second Middle East supply shock, Statistics Canada's August inflation report lands this morning, and Toronto is hosting the country's first-ever Investment Summit. Here's what's moving and what it means for you. 1. Oil jumps to a 4-month high after Saudi pipeline shutdown Brent crude touched roughly $108 a barrel and WTI neared $103 on Monday after Saudi Arabia shut down its East-West pipeline — a 7-million-barrel-a-day route that bypasses the Strait of Hormuz — following drone strikes near Medina. A planned Oman meeting between Iran and Gulf states to de-escalate Hormuz shipping tensions was also postponed over the weekend, removing a near-term path to calm. Both benchmarks are now up roughly 9% over the past week alone, and some bank forecasts flag $120 oil as back on the table if disruptions persist. What it means for you: Pump prices, which had been easing thanks ...
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Trump and Netanyahu Plan White House Meeting Amid Gaza Talks

                                            sraeli Prime Minister Benjamin Netanyahu

US President Donald Trump has extended an invitation to Israeli Prime Minister Benjamin Netanyahu to visit the White House “in the near future,” according to a statement from Netanyahu’s office. The announcement followed a phone call between the two leaders on Monday, during which they discussed regional security and ongoing efforts to stabilize Gaza.

During the conversation, Trump and Netanyahu emphasized the importance of dismantling Hamas’s military capabilities and demilitarizing the Gaza Strip, while also highlighting the need to expand existing peace agreements across the region. The invitation marks Netanyahu’s fifth trip to Washington since Trump returned to office in January 2025, underscoring the close—though sometimes strained—relationship between the two leaders.

The timing of the invitation comes shortly after Trump publicly urged Israel to maintain a “strong and true dialogue” with Syria, cautioning against actions that could destabilize the country’s fragile new leadership. Trump has also been pushing a broader peace plan in Gaza, which has seen a ceasefire in place since October, though tensions remain with reports of truce violations.

Netanyahu’s upcoming visit is expected to focus on regional peace initiatives, Gaza’s future, and Israel’s relations with neighboring states. While both leaders have projected unity, reports suggest Trump has occasionally expressed frustration with Netanyahu, adding a layer of complexity to their alliance.

This meeting could serve as a pivotal moment in shaping US-Israel cooperation on Middle East security, particularly as both sides navigate the challenges of Gaza and Syria.


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