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Hormuz Disruption Risks Record 9 Million bpd Oil Loss By Month-End

The Strait of Hormuz traffic freeze is now translating into what analysts describe as the “largest daily oil production disruption on record,” with regional output at risk of falling by more than 4 million barrels per day by Friday and around 9 million bpd by the end of the month, equivalent to nearly 10% of […]

Carney Calls 3 Byelections That Could Give Liberals Majority

Prime Minister Mark Carney has triggered three federal byelections for April 13 in Scarborough Southwest, University—Rosedale, and Terrebonne, creating a direct path for the Liberals to a House of Commons majority. The Liberals currently hold 169 MPs and need all three ridings to reach 172. That would amount to the narrowest possible majority threshold described […]

G Mining Sees La Mancha Invest $427 Million To Increase Stake To 19.9%

G Mining Ventures Corp. (TSX: GMIN) has announced that its largest shareholder, La Mancha S.a.r.L., has elected to exercise its final top-up right to increase its equity stake in the company to 19.9%. Under the terms of an investor rights agreement established in July 2022, La Mancha will subscribe for 9,311,745 common shares at a […]

First Mining Expands Miroir Discovery, Drills 7.18 g/t Gold Over 8 Metres

First Mining Gold Corp. (TSX: FF) has announced their latest drill results from their Duparquet Gold Project in Quebec, headlined by a high-grade intercept of 7.18 g/t gold over 8.0 metres at the Miroir target. These results, stemming from the company’s 2025 exploration program, continue to demonstrate the growth potential of the project located in […]

Precious Metals Dominate Latest S&P/TSX Composite Index Rebalancing

S&P Dow Jones Indices on Friday evening announced the results of its quarterly review for the S&P/TSX Composite Index, revealing a definitive trend toward the resource sector. Effective prior to the opening of trading on March 23, 2026, all five companies being added to Canada’s benchmark index are focused on the precious metals and mining […]

Oil Retreats From $118 High as G7 Weighs Biggest Reserve Release in History

G7 finance ministers convened an emergency call with International Energy Agency Executive Director Fatih Birol on March 9 to discuss a possible coordinated release of strategic petroleum reserves, after crude oil briefly surged to nearly $120 a barrel — its highest level since 2022 — as the Iran war throttled Middle East energy exports. The […]

Gold Slides as Oil Surges Past $110, Fueling Inflation Fears and Margin Calls

Gold extended its decline in early 2026 trading, shedding value as oil prices breached $110 per barrel, intensifying inflation concerns across global markets. The precious metal, often seen as a hedge against rising prices, has instead faced selling pressure as investors liquidate positions to cover mounting costs elsewhere. Crude oil’s sharp rally, driven by geopolitical […]

Bomb Threat Triggers Evacuation and Ground Stop at Kansas City International Airport

A bomb threat has sparked a full evacuation and ground stop at Kansas City International Airport, halting all operations as authorities respond to the unfolding situation. Passengers and staff were urgently directed to Concourse A, with police and bomb-sniffing dogs sweeping the terminals for potential threats. Eyewitness accounts paint a tense scene, with K9 units […]

Iraq Oil Production Plummets 60% as Iran War Disrupts Tanker Access

Iraq’s oil output has cratered by roughly 60% amid the ongoing war with Iran, slashing production to just 1.7 to 1.8 million barrels per day from a pre-conflict level of 4.3 million barrels daily. The collapse, driven by a severe shortage of tankers to transport the nation’s crude, has crippled one of OPEC’s key producers. […]

Britain Faces Gas Crisis with Just Two Days of Reserves as Middle East Conflict Disrupts Supplies

Britain is teetering on the edge of a gas supply crisis with only two days’ worth of natural gas in storage, as reserves have plummeted to 6,700 GWh from 18,000 GWh last year, according to National Gas data. This critically low level, enough for just 1.5 days of demand, comes as Middle East conflict disrupts […]