2026-06-22
The Canadian dollar weakened to its lowest level in 14 months on Tuesday, pressured by a surge in safe-haven demand for the US.
The Canadian dollar weakened to its lowest level in 14 months on Tuesday, pressured by a surge in safe-haven demand for the US.
Iran has reportedly closed the Strait of Hormuz to maritime traffic, citing a violation of a recent ceasefire agreement by an unnamed party..
Iran’s Supreme Joint Military Command has ordered the closure of the Strait of Hormuz, a critical maritime chokepoint for global oil shipments, according.
Brent crude oil has settled near the $80 per barrel mark, a level that has repeatedly acted as both a psychological and technical.
The global crude oil market is currently experiencing a supply surplus that, by most historical measures, appears well-timed. Stockpiles have risen, production remains.
The Canadian Dollar remained under pressure on Tuesday, trading near its lowest level since April 2025, as a combination of disappointing domestic Retail.
Crude oil prices have stabilized following the reopening of the Strait of Hormuz, according to a recent analysis from UOB Group. The strategic.
West Texas Intermediate (WTI) crude oil futures fell toward the $75 per barrel mark on Monday, as improved shipping conditions in the Strait.
West Texas Intermediate (WTI) crude oil extended its recent decline on Tuesday, sliding to a fresh three-month low below the $74 per barrel.