oil prices

12 Mar

New Iranian Leader Vows Retaliation as West Asia Conflict Widens

Rajeev Sharma0 CommentsWorld NewsDonald Trump, Mojtaba Khamenei, oil prices, Retaliation, Strait of Hormuz, West Asia

Tehran (Rajeev Sharma)— In a stern first address on Thursday, March 12, 2026, Iran’s new Supreme Leader, Mojtaba Khamenei, vowed to "avenge the blood of Iranians" and warned that Tehran would continue its campaign against American military installations in the region. The message, delivered via state television, comes as the Islamic Republic navigates a volatile leadership transition following the death of Ali Khamenei in recent U.S.-Israeli strikes. Khamenei’s statement was deeply personal, acknowledging the loss of his father, wife, and other family members during the opening salvos of the conflict. He emphasized that the "lever of blocking the Strait of…

14 Jan

Canadian Dollar Slips as Stock Weakness, Wider Yield Gap Weigh on Loonie

Rajeev Sharma0 CommentsCanadaCanadian dollar, Iran unrest, loonie, oil prices, stock market decline, US dollar, yield spread

Toronto (Rajeev Sharma): — The Canadian dollar edged lower against the US dollar on Tuesday as falling equity markets and a widening gap between Canadian and US bond yields pressured the commodity-linked currency. The loonie was trading 0.1 per cent lower at 1.3890 to the US dollar, or 71.99 US cents, after moving within a range of 1.3857 to 1.3898 during the session. Market participants pointed to a risk-off mood in global markets as a key factor behind the weakness. “Stocks have given it up and it feels to me like this is a bit of Iran fears picking up,”…