NaN Hours Ago · United States, United States

Oil prices climb and global markets decline as US prepares for blockade of Iran's ports

Oil prices jumped back ​above $100 a barrel on Monday as the U.S. Navy prepared to block ships to and from Iran via ‌the Strait of Hormuz in a move that could restrict Iranian oil exports after Washington and Tehran failed to reach a deal to end the war. Brent crude futures gained $6.81, or 7.2%, to $102.01 a barrel by 1129 GMT after settling 0.75% down on Friday. U.S. West Texas Intermediate ​was up $7.50, or 7.8%, at $104.07 after a 1.33% loss in the previous session.

NaN Hours Ago · Canada, Canada

Voters head to the polls in byelections expected to hand Liberals majority

Voters head to the polls today in three federal byelections widely expected to grant Prime Minister Mark Carney a majority government. Two are Liberal strongholds in Toronto, while the third is a tight race in the Montreal suburb of Terrebonne between the Bloc Québécois and the governing party.