If you’ve felt the sting at the gas pump lately, you’re not alone. Since the US/Israel–Iran conflict began, oil prices have shot up and continue to climb. Brent crude oil is over 50% higher, West Texas Intermediate (WTI) nearly 70%. But the impact goes beyond filling up your vehicle, pushing up transportation costs and, in turn, the price of goods on store shelves – in other words, inflation. In this week’s update, let’s look at the differences between Brent and WTI oil (what are they anyway?), where does Canadian oil fit in, and why are these rising prices rippling through the economy.
Tag: bsy
Weekly Update for the week ending April 3, 2026
Relief Rally on the Horizon?
Exploring the sectors likely to gain – or stumble – if tensions ease.
Markets on both sides of the 49th parallel have been rattled by escalating Middle East tensions. With a potential ceasefire on the horizon, investors are watching closely to see which sectors could gain – or stumble – if hostilities ease.