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Oil Markets Roar as Iran Conflict Pushes Prices to Highest Levels Since 2022

                                A man fills up his car as others wait in a line at a gas station in Seoul, South Korea Oil prices have surged past $119 a barrel , reaching their highest point since mid‑2022 as the escalating U.S.–Israeli conflict with Iran disrupts global energy supplies. The spike comes amid major producer output cuts , shipping disruptions , and heightened fears over the stability of Middle Eastern supply routes. Brent crude briefly hit $119.50 , marking one of the largest single‑day jumps on record, while U.S. WTI futures mirrored the surge. Analysts attribute the volatility to attacks on oil infrastructure, reduced output from Gulf producers, and the threat of prolonged instability in the Strait of Hormuz—through which nearly a fifth of the world’s oil flows.  As markets brace for continued uncertainty, governments and financial institutions are monitoring the situa...
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WestJet Mechanics Strike: Over 150 Flights Cancelled Ahead of Long Weekend

In an unexpected turn of events, WestJet mechanics have gone on strike, leading to the cancellation of at least 150 flights starting this Saturday. The Aircraft Mechanics Fraternal Association (AMFA) initiated the strike due to the airline’s “unwillingness to negotiate with the union,” making the strike inevitable. This move followed a federal government order for binding arbitration after two weeks of turbulent discussions with the union.

Calgary-based WestJet expressed extreme outrage at the mechanics’ actions and vowed to hold AMFA accountable for the stress and costs incurred. Last year, WestJet narrowly averted a strike during the May long weekend, but this time, over 20,000 travelers will be impacted by the cancellations.

As the Canada Day long weekend approaches, passengers are left wondering about their travel plans, while the airline grapples with the unexpected labor disruption.

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