Glacier FarmMedia —The following is a glance at the news moving markets in Canada and globally. Traffic through the Strait of Hormuz was at less than 10 per cent of normal volumes on Thursday, as the two-week ceasefire between the United States and Iran remained shaky. Vessels must co-ordinate with Iran’s Islamic Revolutionary Guard Corps […] Read more
Global Markets: Traffic still slow through Strait of Hormuz
Global Markets: U.S., Iran agree to two-week ceasefire
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – The United States, Israel and Iran agreed to a two-week ceasefire on Tuesday, hours before the U.S. were to launch a large-scale attack on Iran. One of the terms of the 10-point plan brokered by Pakistan […] Read more
Global Markets: Trump says Iran “civilization will die tonight”
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. As a deadline looms for Iran to reopen the Strait of Hormuz, United States President Donald Trump wrote on his Truth Social platform Tuesday morning that “a whole civilization will die tonight, never to be brought back again.” […] Read more
Global Markets: Israel attacks Iranian natural gas field
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s merchandise trade deficit widened to C$5.7 billion in February from C$4.2 billion the previous month, marking the largest deficit since August 2025, reported Statistics Canada. Imports were up 8.4 per cent on the month to a record […] Read more
Global Markets: Crude soars on Trump war comments
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Crude oil prices were sharply higher on Thursday morning, following the televised address by United States President Donald Trump on Wednesday evening. Trump did not say when the Middle East war could be […] Read more
Global Markets: Indications end of Middle East war possible
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The presidents of the United States and Iran have indicated there could be an end to the Middle East war. President Masoud Pezeshkian said on Tuesday that Iran has “the necessary will” to […] Read more
Global Markets: Iran attacks oil tanker, sets it ablaze
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Iran struck a Kuwaiti oil tanker off the coast of Dubai with a drone on Wednesday. Dubai officials said the Al-Salmi was on fire, but the crew was safe and no oil was […] Read more
Global Markets: Trump threatens Iran with air strikes
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. In a post on Truth Social on Monday, United States President Donald Trump threatened to destroy Iran’s energy and power infrastructure, as well as capture Kharg Island if the Strait of Hormuz were […] Read more
Global Markets: Trump extends deadline, war rages on
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump extended his deadline to April 7 for Iran to re-open the Strait of Hormuz or face attacks on its energy infrastructure. Both countries have submitted ceasefire plans to each other, but […] Read more
Global Markets: Iran says no to Trump ceasefire plan
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Iran rejected the 15-point plan for a ceasefire on Wednesday from United States President Donald Trump via Pakistan. Iran countered with its five-point plan that includes it having control over the Strait of […] Read more