Author: Press Room

Global oil markets were thrown into turmoil as disruptions to critical supply routes through the Strait of Hormuz caused oil prices to surge dramatically, widening price gaps between different crude grades, refined products, and futures contracts.The price differential between Brent and West Texas Intermediate (WTI) crude oil has recently expanded, reaching a peak of $9 per barrel. This is a significant gap, which has not been surpassed since the summer of 2022. This comparison specifically excludes temporary market “distortions” that can occur when commodity contracts are rolled over from one expiry month to the next. Divergence in supply-demandThe widening spread suggests a…

Check out the companies making the biggest moves in premarket trading: BJ’s Wholesale Club — The warehouse giant shed 4.5% after its full-year guidance fell short of expectations. BJ’s Wholesale anticipates adjusted earnings between $4.40 per share and $4.60 per share, versus the $4.66 a share consensus estimate, per FactSet. Its fourth-quarter earnings and revenue, however, beat expectations. Trade Desk — Shares popped 19% following a report from The Information that said OpenAI had early talks with Trade Desk to sell ads. Broadcom — The heavyweight chipmaker jumped 6.4% after reporting strong results for its fiscal first quarter , including…

NEWYou can now listen to Fox News articles! The NYPD announced Sunday that a third suspicious device has been recovered as part of an ongoing investigation into an improvised explosive device (IED) thrown during dueling protests outside Gracie Mansion a day earlier.Police said officers identified a suspicious device inside a vehicle on East End Avenue between 81st and 82nd streets and temporarily evacuated nearby buildings while the Bomb Squad assessed the threat.”The NYPD has safely removed the suspicious device from the area for further testing, and those who were evacuated are now allowed to return to their residences. The area…

By Staff The Canadian Press Posted March 8, 2026 6:32 pm Updated March 8, 2026 7:22 pm 1 min read Descrease article font size Increase article font size Ontario police say 23 people needed to be rescued when they were stranded on an ice shelf in Georgian Bay in south-central Ontario. They say the ice drifted for about two kilometres and split into several sections, causing some people to become partially submerged in the icy water. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they…

Visitors at one of Australia’s most famous natural landmarks face paying entrance fees for the first time.

NEWYou can now listen to Fox News articles! Every team in the World Baseball Classic (WBC) has its own unique celebrations for home runs, whether it’s a special jacket from the Dominican Republic or coordinated handshakes with Team USA. But Team Italy might have the best one of all – the players take an espresso shot, which is made from a machine that sits right in the dugout. It’s about as Italian as it gets.  Dante Nori of the Italy celebrates in the dugout after hitting a home run in the seventh inning against Brazil during the 2026 World Baseball Classic Pool…

NewsFeedIranian state television has announced that the Assembly of Experts has chosen Mojtaba Khamenei as supreme leader after a “decisive vote”. He’s the son of Ayatollah Ali Khamenei who was killed by the United States on February 28.Published On 8 Mar 20268 Mar 2026Click here to share on social mediashare2Shareplus2googleAdd Al Jazeera on Googleinfo

NEWYou can now listen to Fox News articles! The new battleground in the Gulf isn’t just on the water — it’s in the insurance market, where war-risk coverage can determine which oil tankers sail and which stay put.With the conflict driving gasoline prices higher, the White House is weighing steps to keep oil flowing through the Strait of Hormuz and to keep prices from climbing further.The Strait of Hormuz, a narrow passage between Iran and Oman, carries roughly 20 million barrels of oil a day and about one-fifth of global supply of liquefied natural gas. When conflict flares in the…

Natalie Wilkie won Canada’s first gold medal at the Milan Cortina Paralympics on Sunday with a first-place finish in the women’s standing para-biathlon competition. Wilkie, from Salmon Arm, B.C., finished in 33 minutes 1.8 seconds, more than a half-minute ahead of China’s Zhao Zhiqing (33:33.5). Ukraine’s Oleksandra Kononova took bronze in 33:37.9.It’s the fourth career Paralympic gold medal for the Canadian flag-bearer and her ninth Paralympic medal overall. She won silver in the women’s standing sprint on Saturday.“This is pretty unreal,” Wilkie said. “Silver was pretty awesome yesterday, but the gold today is even better. It all came together today.…

A new entry fee and booking system is being introduced for visitors to the Great Ocean Road’s natural wonders, enforced by a new visitor centre.