April 17, 2026

US-Israel-Iran War LIVE Updates: Trump Says US Blockade On Hormuz To Continue; Oil Price Falls Below $90

US-Israel-Iran War LIVE Updates: Trump Says US Blockade On Hormuz To Continue; Oil Price Falls Below $90

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Oil prices drop 13%, stocks jump as Iran reopens Strait of Hormuz

Oil prices drop 13%, stocks jump as Iran reopens Strait of Hormuz

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Posthaste: Why Canadians might be doomed to suffer a ‘new normal’ for oil prices

Posthaste: Why Canadians might be doomed to suffer a ‘new normal’ for oil prices

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Economists and oil and gas analysts now expect drivers could be looking at a “new normal” of higher gas prices thanks to a greater risk premium for oil even after the dust settles in Iran. Photo by Peter J. Thompson /Financial Post Article content THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read

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Stock Market Hits Record High in April 2026 — Tom Lee Says the Best Is Still to Come

Stock Market Hits Record High in April 2026 — Tom Lee Says the Best Is Still to Come

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TLDR The S&P 500 closed at 7,022.95 on April 15, surpassing its January 28 record, while the Nasdaq hit a new all-time high at 24,016 Tom Lee argues the market is handling rising oil prices better than other countries, with oil above $100/barrel after the Hormuz Strait closure Defense spending of ~$30 billion/month is boosting

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A Lebanon Ceasefire and Potential Iran Peace Talks Push Oil Prices Down

A Lebanon Ceasefire and Potential Iran Peace Talks Push Oil Prices Down

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By Josh Owens – Apr 16, 2026, 9:11 PM CDT Oil prices were once again under pressure in early Asian trade as a 10-day ceasefire between Israel and Lebanon came into effect and President Trump suggested talks with Iran may resume this weekend.  At the time of writing, WTI was trading at $93.26, down 1.51%,

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