- Australia urged to protect Iran women's football team as they prepare to fly home
Concern has grown for team after one critic called them 'wartime traitors' for failing to salute during the Iranian anthem.
- G7 to take 'necessary measures' to support energy supplies
Finance ministers and the IEA discussed options for stabilising oil prices which surpassed $100.
- Oil and stocks whipsaw on hopes of an end to Iran war
Crude oil prices pulled back sharply after brushing $120 per barrel earlier on Monday. After staying around $100 dollars for most of the day, both Brent and WTI benchmarks reversed course on comments from Donald Trump suggesting that the end was near for the US - Israeli war on Iran. As Gulf countries started cutting production amid a rapid decrease in available storage space, consumers have already started seeing rising fuel prices.
- Trump has 'very few' options to keep energy prices down in the short term, analyst says
Speaking with FRANCE 24's Sharon Gaffney, Peter McNally, Global Head of Sector Analysts at Third Bridge, says that "the duration of the outage in the Middle East is going to be the biggest factor" in the G7's decision to tap into strategic oil reserves, adding that US President Donald Trump has "very few" options to keep energy prices down in the short term "other than to make demand go lower".
- G7 won’t release oil reserves yet to quell surging oil prices amid Iran war
G7 finance ministers said they were monitoring the situation and were prepared to implement 'necessary measures,' but stopped short of committing to release emergency reserves.
- Oil price spikes will hit Canadians ‘throughout our economy,’ experts say
Canadian consumers are going to feel it in their wallets just about everywhere the longer the Iran war goes on, while some parts of the economy could see benefits.
- How Iran war is hitting fertilizer supplies: ‘Timing is pretty detrimental’
Canada produced 32.8 per cent of the world’s total potash production in 2024, remaining the world's largest potash producer, according to Natural Resources Canada.
- Trump Administration Lowers Expectations for Trade Deals as Tariff Deadline Approaches
The Administration has already lowered expectations as dealmaking proves challenging.
- The Making of an American Pope
How a kid from the Midwest became the leader of the Catholic Church
- Shuttering of USAID Will Lead to Millions of Deaths Around the World: Studies
Multiple studies have estimated millions will die annually as a result of the Trump Administration’s closure of the foreign-aid agency.