Skip to main content

Featured

Tariff Ultimatum on Iran Trade Sparks Global Tension

                                                Doing Business With Iran? Trump Says Pay a 25% US Tariff. A new 25% tariff threat from President Donald Trump has sent a jolt through international markets, after he declared that any nation continuing to trade with Iran would face steep U.S. penalties. The announcement, delivered abruptly through social media, signaled a sharp escalation in Washington’s effort to isolate Tehran economically. The move comes amid heightened criticism of Iran’s internal crackdown on dissent, which U.S. officials argue warrants stronger international pressure. By targeting not just Iran but its trading partners, the administration aims to force countries—including major global players—to reconsider their economic ties with Tehran. The threat immediately stirred uncertainty across global markets. Oil prices climbed...
Post a Comment
Read more

article

Labels

Gas Prices Sink in Canada as Expert Calls for a Month of Falling Prices




Gas prices could continue falling for at least a month, according to one U.S. analyst. Tom Kloza, global head of energy analysis at OPIS, is calling for average prices south of the border to dip below US$3 per gallon. 

Canadian gas prices fell by 3.3 cents per litre to $1.429 for the seven days ended Dec. 7. The falling price of oil continues to weigh on fuel for consumers, according to Andy Lipow, president of Lipow Oil Associates. At the same time, this week’s U.S. gasoline inventory data showed stockpiles swelled by five million barrels last week.


Labels:

Comments

Post a Comment