Oil

• U.S. halted Iran oil sales after ‘unacceptable’ Strait of Hormuz strikes

  The United States revoked on Tuesday a general license that authorized the sale of Iranian oil after recent strikes reported in the Strait of Hormuz.

  World

  5 hours
  
• Canada’s exports were up for the 4th straight month, says StatCan

  Canada's economy was in a trade surplus for the third straight month in May and exports were up for the fourth month, Statistics Canada reported Tuesday.

  Economy

  9 hours
  
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• OPEC+ agrees to higher oil production ‘to support oil market stability’

  After the Iran war choked off about a fifth of the world's oil supply for several months, the world's largest alliance of oil-producing nations agreed to increase its quota.

  World

  Jul 6
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• Pipelines faced key challenges in the past. Can Alberta’s overcome them?

  Canada’s track record of proposing and building pipelines means that the newly announced project from Alberta to B.C.'s coast is likely going to face several key challenges.

  Canada

  Jul 3
• Why strategic oil reserve refills will take ‘a lot of time’ after Iran deal

  If the Strait of Hormuz reopens following the signing of the Iran peace deal on Friday, experts say it will still take some time to replenish the world's strategic oil stockpiles.

  World

  Jun 18
• Gas prices may not return to pre-Iran war levels anytime soon, experts say

  After a peace agreement was reached, getting oil to flow through the Persian Gulf region again and helping gas prices return to pre-war levels may be more of a challenge.

  World

  Jun 15
• Gas price relief may have been short-lived following new strikes on Iran

  Gas prices in Canada are expected to start climbing again, as any progress made towards a peace deal between the U.S. and Iran appears to be unravelling.

  Consumer

  Jun 1
• Friday will reveal how Canada’s GDP reacted to the Iran war in March

  The way that Canada's economy reacted to the Iran war, particularly from higher oil and energy prices, will become clearer in the upcoming GDP report set for release on Friday.

  Economy

  May 28
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• As oil prices leap, should Canada keep or sell the Trans Mountain pipeline?

  Some Canadian oil industry and development leaders are suggesting Ottawa should reconsider eventually selling the Trans Mountain pipeline to the private sector.

  Canada

  May 13
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• Iran war ‘depleting’ global oil reserves at ‘record rate,’ IEA report warns

  In April, global oil supply shrank by 1.8 million barrels a day, with the total losses since February amounting to 12.8 million barrels of oil lost every day, the IEA said.

  Economy

  May 13