Iran warns U.S. of ‘all-out war’ if attacked over Saudi oil incident
Iran’s foreign minister said he did not want military confrontation but “won’t blink to defend our territory.” Continue reading
Saudi Arabia
‘Avoid filling up’: Gas prices spike in Metro Vancouver
By Simon Little Online Journalist
Prices at some gas stations around Vancouver were as high as $1.589 on Wednesday morning. Continue reading
Saudi oil site attack an Iranian ‘act of war’: Pompeo
Iran, which has denied involvement in the attack, warned the U.S. it will retaliate immediately if it is targeted. Continue reading
Premier Jason Kenney pitching more Alberta oil in wake of Saudi supply disruption
By Tom Vernon Provincial Affairs Reporter
“Instability in the Middle East underscores the importance of Canada to global energy markets,” tweeted Premier Jason Kenney after a series of meetings in New York City, where he is attempting to attract more investment into Alberta. Continue reading
Trump says it ‘looks’ like Iran is behind Saudi oil attack: Here’s what we know
The U.S. president’s comments are just another episode exacerbating tensions between the U.S. and Iran. Continue reading
Iran’s supreme leader says there will be no talks with U.S. ‘at any level’
There had been reports about a possible meeting between President Donald Trump and his Iranian counterpart, Hassan Rouhani, during the upcoming U.N. General Assembly this month in New York. Continue reading
Oil price jump linked to Saudi Arabian attacks sparks energy stock rally
Higher oil prices spurred by an attack on Saudi Arabian oil facilities boosted the Canadian energy sector on Monday but are expected to result in higher fuel prices for consumers. Continue reading
Gas prices in Canada will feel slight impact from Saudi attack, for now: analysts
Saudi Arabia is racing to restore production, but analysts say global impacts could broaden as more time passes. Continue reading
U.S. response to drone attacks on Saudi oil sites ‘locked and loaded’: Trump
Global energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which U.S. President Donald Trump warned that the U.S. was “locked and loaded” to respond. Continue reading
Crude oil prices surge after Saudi Arabia plant attack
The attack Saturday on led to the interruption of an estimated 5.7 million barrels of the kingdom’s crude oil production per day, equivalent to over 5 per cent of the world’s daily supply. Continue reading