Top Results For: iran

As the U.S. war on Iran intensifies again after a month-long lull in strikes, the American military is being accused of hitting civilian targets. Candice Cole reports on the deadly escalation, and how it’s again led to surging oil prices.

Iran says one person was killed and four crew wounded aboard a commercial vessel struck off its coast Sunday. On Saturday, the military said its forces had redirected nearly 100 commercial vessels over the past two months. The U.S. has not commented on the attack amid the ongoing war.

U.S.-Iran hostilities ensued as both countries exchanged retaliatory missile blows.  Akaash Maharaj, a Fellow at the Munk School of Global Affairs and Public Policy, joins Miranda Anthistle on the U.S.-Iran hostilities and how it could impact Canada’s trade war with the U.S.

U.S. President Donald Trump is threatening to hit Iran hard, after both sides exchanged fire for the first time in weeks. The renewed hostilities come as the war enters its six-month mark, and a leaked military report warns against a protracted conflict. Touria Izri reports.

Iranian Parliament Speaker Mohammad Baqer Qalibaf warned Sunday that Iran would deliver a stronger response to any future U.S. attacks. His comments came a day after the U.S. struck several Iranian tankers in the Gulf. Qalibaf said recent Iranian strikes against U.S. forces were “only the beginning.”

The United States is threatening to launch new sanctions against Iran, looking to cut them off from the world economy. Alan Eyre, former diplomat and distinguished fellow from the Middle East Institute, joins Miranda Anthistle for more on the economic warfare

The price of oil has again spiked over $100 USD a barrel after more intense attacks in the U.S. and Israel’s war on Iran. As Heather Yourex-West reports, consumers in Canada and around the world are feeling the pain at the gas pumps.

The United States’ war on Iran is nearing the six-month mark, and the White House is now expanding its secondary sanctions against the Iranian regime. U.S. Treasury Secretary Scott Bessent announced Operation Economic Outcast, to isolate Iran and any country that does business with them. Candice Cole reports.

One of the factors driving inflation, which remains higher in the U.S. than in Canada, is the cost of diesel. It has reached an all-time high in America as its war on Iran drags on. As Candice Cole reports, the cost to fill all of those transport trucks, and farm tractors, is being passed along...

Exactly six months ago the U.S. and Israel launched Operation Epic Fury and beginning the war with Iran. At the time, U.S. President Donald Trump promised the conflict would be over in just a matter of weeks. Now, it’s a tense stalemate with little fighting, but few signs of a long-term resolution. Candice Cole reports.

At an announcement on healthcare affordability in the Oval Office on Monday, U.S. President Donald Trump answered questions on the Iran war after strikes were exchanged for the first time in a month. When asked for his insider view on who’s managing negotiations on behalf of the Iranians, Trump said, “they don’t know who the...

The Trump administration is set to levy what it calls the strongest economic action against Iran in history as the war with Tehran continues. At the same time, the administration is warning its own allies that it will retaliate economically if they are found to have dealings with the Islamic Republic. Candice Cole reports on...

The price of Brent crude oil climbed above $100 per barrel for the first time since July following more attacks by Iran and the U.S. near the Strait of Hormuz – a critical route for oil tankers. That story and more in Business Matters for Sept. 9, 2026.

A Global News exclusive has revealed an Edmonton businessman is the son of a former Iranian vice-president. Despite allegedly helping to build weapons for the regime, Mohammad Reza Ghafouri Fard also won lucrative contracts from the Canadian government. Nathaniel Dove has more.

Iraq is investigating a drone attack on a key Saudi oil pipeline – which they confirmed originated from its territory near the border with Iran – on Friday. Satellite images show damage to the cross-country East-West pipeline. Before being shut down Friday, the facility played a crucial role in Saudi Arabia’s ability to export oil...

JD Vance said Thursday he was “extremely skeptical” about Iranian reports that the U.S. was responsible for a fatal strike on an wedding in Kuwait earlier in the week – an attack that killed several people and injured dozens. He went on to say, “sometimes things happen,” before explaining to White House reporters that the...

U.S. Vice President JD Vance held a press briefing in the White House Thursday, where he took questions about the ongoing conflict between the U.S. and Iran — one he assured reporters was not a war “right now.” Asked when he believe the conflict will end, Vance replied: “You’re asking me a question like ‘When...

Within hours of the U.S. announcing a plan to sanction countries still doing business with Iran, Tehran is vowing to fight back. And if this doesn’t work, it could put further pressure on U.S. President Donald Trump to find a solution to his war. Reggie Cecchini explains.

Iran says it is working on a deal with Oman to manage shipping through the Strait of Hormuz, though it’s unclear what the agreement would entail. That story and more in Business Matters for Aug. 17, 2026.

As the U.S.-Israel war in Iran continues, so do high fuel prices, and for many Canadians, the savings from the suspension of the fuel excise tax have been much needed. But that break at the gas pumps is expected to end in just a couple of weeks. As Sean O’Shea explains, calls are growing to...