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Oil Just Hit $110 — Could Canada's Energy Boom Offset the Tariff Pain?

  Published September 13, 2026 · 6 min read Brent crude touched nearly $110 US a barrel when trading opened Friday morning — its highest level since the spring — as renewed Iran-linked strikes on Saudi energy infrastructure rattled global supply. It settled back down to close the week around $104.61, but the direction of travel has been unmistakable: oil is up roughly 9-10% in the past week alone. That's bad news at the pump. But according to a CBC News analysis published this morning, it might not be bad news for Canada's economy overall. The argument: the roughly 0.5% hit to GDP from Trump's tariffs could be more than offset by the windfall Canada earns as one of the world's biggest oil exporters. For a personal finance reader, that's really two separate stories — one that costs you money, and one that might be quietly making some of your money back. Here's how to think about both sides of your own ledger. Why oil is spiking again The latest leg up traces to ...

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Turkey Urges MI6 to Bolster Security for Senior Syrian Figure Sharaa

Syria's interim president Ahmed al-Sharaa and Turkey's President Tayyip Erdogan arrive for a joint press conference at the Presidential Palace in Ankara, Turkey, February 4, 2025.

Turkey has reportedly asked Britain’s intelligence service, MI6, to increase protection measures for Farouk al‑Sharaa, the long‑time Syrian statesman whose political role has drawn renewed international attention. According to regional diplomatic sources, Ankara believes Sharaa could become a pivotal figure in any future political transition in Syria, making his safety a matter of strategic importance.

Sharaa, once Syria’s foreign minister and later vice president, has maintained a relatively low profile throughout the country’s civil conflict. Yet his reputation as a seasoned diplomat and one of the few senior officials not directly implicated in wartime abuses has kept him on the radar of governments exploring potential pathways to stability.

Turkey’s request to MI6 reflects both concern over Sharaa’s vulnerability and a broader effort to coordinate with Western partners on Syria’s political future. While British officials have not publicly commented, analysts note that such cooperation would align with London’s long‑standing interest in supporting diplomatic solutions to the conflict.

The move underscores how regional powers continue to maneuver behind the scenes, anticipating shifts in Syria’s political landscape. Whether Sharaa ultimately plays a role remains uncertain, but the renewed focus on his security suggests that key players are preparing for multiple scenarios as the country’s future remains in flux.


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