Skip to main content

Featured

What to Actually Buy (or Skip) Before the Aug. 19 Tariffs Hit

  Pulished August 15, 2026 Four days out, the "stock up now" advice making the rounds is mostly aimed at exporters, not shoppers. Here's what genuinely moves the needle on your car, wine, and grocery bill — and what's just noise. At 12:01 a.m. ET on Wednesday, a new round of U.S. tariffs is set to hit roughly $20 billion worth of Canadian exports — dairy, alcohol, and vehicles among them — unless Ottawa and Washington reach a deal first. As of this weekend, the signals are genuinely mixed. Canada's chief trade negotiator, Janice Charette, told a government advisory group Friday that there's still "a significant amount of work to do," with talks expected to run through the weekend. At the same time, industry executives following the negotiations told the Washington Post the two sides are inching closer to an arrangement that would pair Canadian concessions on autos, alcohol, and dairy with commitments on energy, defence, and critical minerals — in e...
Post a Comment
Read more

article

Labels

Markets Steady as U.S. Signals Protection for Hormuz Shipping

 

Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026


Global markets showed signs of relief after President Donald Trump indicated that the United States is prepared to safeguard oil and gas shipments passing through the Strait of Hormuz, a critical chokepoint for global energy flows. His assurances came amid heightened tensions in the Middle East, where recent conflict had sharply disrupted tanker traffic and driven up energy prices.

Oil shipments through the strait had nearly halted due to fears of attacks and soaring war‑risk insurance costs, prompting concerns about supply shortages. Trump stated that the U.S. may deploy Navy escorts and provide political risk insurance and financial guarantees to ensure safe passage for commercial vessels. These measures helped calm market volatility and stabilize crude prices, which had surged following regional escalations. 

The Strait of Hormuz handles roughly one‑fifth of the world’s oil and LNG shipments, making any disruption immediately felt across global markets. By signaling a willingness to intervene, the U.S. aimed to restore confidence among shippers and energy traders, easing fears of prolonged supply interruptions. 

Labels:

Comments

Post a Comment