|
;Resize=(620)) With the Strait of Hormuz now doubly blockaded, oil prices fell while markets climbed on Monday, despite an initial shock. CBC senior business correspondent Peter Armstrong explains where the pain is being felt, and how public faith in a solution could be buoying the markets.
|
|
;Resize=(620)) The U.S. military has initiated a blockade across the Gulf of Oman and the Arabian Sea, a move experts say is an act of war with potential for serious escalation in the midst of a ceasefire. U.S. Central Command says it is targeting all vessels traveling to and from Iran as of Monday morning
|
|
;Resize=(620)) For Michael Ignatieff, news that Viktor Orbán's 16-year rule in Hungary had come to an end was reason enough to raise a glass. He speaks about what Orbán's defeat and Péter Magyar's victory could mean for geopolitics.
|
|
;Resize=(620)) Brent crude oil, the international standard, hovered around $100 US a barrel on Monday — up from roughly $70 per barrel before the war in late February. North American markets were mostly flat as of midday, after dipping earlier in the morning.
|
|
