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5 Things to Know Today — Oil Diplomacy, TSX Rally, Carney at UNGA, Bond Yields, Canada's AI Gap (Sept. 23, 2026)

  Wednesday, September 23, 2026  |  MoneySavings.ca Oil is pulling back. The TSX is rebounding. Carney is talking deals in New York. And two under-the-radar stories — bond yields creeping up and a warning about Canada's AI ambitions — could quietly reshape your finances. Here's what matters today. 01 of 05 Oil Drops Below $92 as US–Iran Talks Begin at the UN WTI crude pulled back toward $90 per barrel Wednesday — its lowest level since early September — as diplomacy replaced missiles at the United Nations General Assembly in New York. US envoys Jared Kushner and Steve Witkoff spent three hours in shuttle talks with Iranian officials on the UNGA sidelines, just hours after President Trump threatened Iran with "annihilation" in his address to the General Assembly. Iran had offered to reopen the Strait of Hormuz within seven days if the US agreed to ease its naval blockade. Brent settled down roughly 3–4%, snapping five days of decline but still elevated from pre-conflic...
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Houthi Attacks in the Red Sea Cause Major Disruption to Global Trade

 



The recent Houthi attacks on ships in the Red Sea have caused a major disruption to global trade, forcing vessels into longer and more costly journeys around Africa. The attacks have led to car factories idling in Belgium and Germany, and spring fashion lines being delayed at a popular British department store. The situation is causing delays and driving up costs at a time when the world is already struggling with higher prices for groceries, rent, and more.

The threat of further attacks grows considerably the longer the war in Gaza drags on. Disruption to Red Sea trade lasting a year could surge goods inflation by up to 2%, piling on pain while the world already struggles with higher prices for groceries, rent, and more. The situation is causing delays and driving up costs at a time when the world is already struggling with higher prices for groceries, rent, and more.


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