Carney calls Trump’s fresh tariffs a ‘miscalculation’ after trade talks collapse

Carney calls Trump’s fresh tariffs a ‘miscalculation’ after trade talks collapse

Carney’s speech on Saturday was his first address to Canadians after he announced late on Friday night that a deal would not be reached, accusing the Americans of making “last-minute changes” that were “unfair” and “uneconomic”. US negotiators, meanwhile, accused Canada of making “new demands and walk backs” on terms which had been agreed earlier…

Read More
Oil slides 2% as markets look past fresh Iran tensions and focus on supply outlook

Oil slides 2% as markets look past fresh Iran tensions and focus on supply outlook

Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil extended declines on Friday as investors monitored developments in the Middle East conflict while assessing whether recent diplomatic efforts would reduce the risk of supply chain disruptions. International benchmark Brent crude futures for August…

Read More
Iran war pushes oil prices to 4-year high as Hegseth set to face fresh round of questioning

Iran war pushes oil prices to 4-year high as Hegseth set to face fresh round of questioning

U.S.-Israeli attacks launched previously during negotiations with Iran have led to a complete loss of trust in the United States, Iran’s president Masoud Pezeshkian said Thursday, according to Mizan News, the news agency of Iran’s powerful judiciary branch. In a phone call with Belarusian president Alexander Lukashenko, a close ally of Russia’s Vladimir Putin, Pezeshkian…

Read More