
USMCA Reaffirmed as Canada and Mexico Push Back Against U.S. Bilateral Trade Signals
Mar 13, 2026 00:02 am UTC| Politics Economy
Canada and Mexico are standing firm on the trilateral trade framework that has long defined North American economic relations. At a recent conference in Mexico City, Canadian Ambassador to Mexico Cameron MacKay and Mexican...

U.S. Markets Tumble as Iran Closes Strait of Hormuz, Oil Prices Surge
Mar 12, 2026 23:11 pm UTC| Economy
U.S. stock markets took a significant hit Thursday after Irans new leader, Mojtaba Khamenei, declared that the Strait of Hormuz would remain closed, sending oil prices soaring and reigniting fears of an inflationary...

Oil Prices Surge Past $100 as Iran Closes Strait of Hormuz
Mar 12, 2026 23:07 pm UTC| Economy
Global oil prices soared past the critical $100 per barrel threshold Thursday after Irans new leader Mojtaba Khamenei declared the Strait of Hormuz would remain closed while U.S. and Israeli military operations continue...

Iran-Israel War Sparks Global Oil Crisis as Tankers Burn in Gulf Waters
Mar 12, 2026 07:44 am UTC| Politics Economy
An escalating conflict between Iran, the United States, and Israel has sent shockwaves through global energy markets, with oil prices surging past $100 per barrel and Iranian forces attacking multiple tankers and oil...

Asian Markets Retreat as Oil Prices Surge Toward $100 Amid Middle East Tensions
Mar 12, 2026 07:38 am UTC| Economy
Asian stock markets reversed two days of gains on Thursday as crude oil prices spiked sharply, driven by fresh supply disruptions linked to an escalating conflict in the Middle East. U.S. stock index futures also retreated...

Dollar Strengthens Amid Oil Price Surge and Inflation Fears
Mar 12, 2026 07:29 am UTC| Economy
The U.S. dollar extended its winning streak Thursday, hovering near its highest levels of the year as skyrocketing crude oil prices intensified inflation concerns and prompted traders to anticipate more aggressive central...

Mar 12, 2026 04:46 am UTC| Insights & Views Economy
Despite being one of the worlds top exporters of fossil fuels (coal and gas), Australia has little left of its own oil. Neither does New Zealand. Both Australia and New Zealand sit at the end of a long supply chain for...