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US Midwest Steel CRU(HVH26)
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Top Stories: US Midwest Steel CRU

report on business
Canada’s unemployment rate rises, IEA’s record oil stockpile release and Carney’s Northern major projects: Must-read business and investing stories
The Parnassos crude oil tanker sits anchored in Muscat, Oman, on Tuesday amid a virtual standstill in the Strait of Hormuz.
explainer
What is Kharg Island, vital hub for Iranian oil struck by U.S.?
U.S. President Donald Trump released a video that he says shows strikes on Kharg Island.
analysis
Under pressure to back off key components of its deal with Alberta, Ottawa insists it’s holding the line
A Syncrude facility near Fort McMurray, Alberta, Nov. 24, 2025.
report on business
Internal emails highlight Alberta Energy Regulator leadership concerns on coal files
Northback Coal employees take photos at the former coal mine on Grassy Mountain north of Blairmore, Alta, on June 27, 2024. Northback Coal hopes to gain approval to restart work on the mine, which has been abandoned since the 1950s. Gavin John/The Globe and Mail
report on business
Canada supplying 23.6 million oil barrels under IEA release plan
Pumpjacks draw out oil and gas from wells near Carstairs, Alta., Feb. 3, 2025.
report on business
Why Canada’s energy superpower status can’t fully protect us from the oil crisis
This Esso station at Mt Pleasant Rd and Merton St. in midtown Toronto shows regular gas priced at 151.9 cents per litre on Feb 3, 2025. (Fred Lum/The Globe and Mail)
world
Carney joins German, Norwegian leaders in upholding sanctions on Russian oil
Prime Minister Mark Carney speaks at a news conference after a tour of the site of NATO Exercise Cold Response in Bardufoss, Norway, on March 13.
canada
Carney says Canada will uphold Russian oil sanctions, despite U.S. pause
Prime Minister Mark Carney speaks after a tour of the site of NATO Exercise Cold Response in Bardufoss, Norway, on March 13.
think big
Canada’s second chance in the global LNG race
President and Chief Executive Officer of TC Energy François Poirier at his corporate headquarters in Calgary, Alberta, February 24, 2026. Todd Korol/The Globe and Mail
world
U.S. strikes military sites on Iran island key to oil network
A satellite image shows an oil terminal at Kharg Island, Iran, Feb. 25.
report on business
Metatek Group to launch first Toronto Stock Exchange technology IPO since 2021
(Both photos) The survey aircraft carrying the eFTG and other scientific equipment: the unmistakable silhouette of a DC-3, a geophysical workhorse of the skies, and the rear-mounted magnetometer boom, or “stinger.” Rear view of the survey aircraft carrying the eFTG and other scientific equipment, showing the tail-mounted magnetometer boom, or “stinger.” HANDOUT For Jameson story
world
Carney to discuss energy security during three-day trip to Norway
Prime Minister Mark Carney boards a government plane in Ottawa on Thursday, March 12, 2026. THE CANADIAN PRESS/Adrian Wyld
inside the market
Baytex Energy insiders buy as shares rally
Ted Dixon
world
War in Iran causes energy crisis in South Asia, disrupting life for millions
A man unloads an empty LPG cylinder at a warehouse amid supply disruptions following the U.S.-Israeli conflict with Iran, in Mumbai, India, March 11, 2026. REUTERS/Francis Mascarenhas
analysis
In the Gulf, Trump is invoking the spirit of the Carter Doctrine
David Shribman
energy and resources
World faces largest oil supply disruption in history, IEA says
This photograph shows gas flares at the Repsol oil refinery in A Coruna, northwestern Spain, on March 11, 2026. The US-Israeli war on Iran has expanded across the Gulf and beyond, upending global energy markets and trade, and virtually halting traffic in the Strait of Hormuz, through which a fifth of the world's crude oil travels. The 32 member countries of the International Energy Agency (IEA) decided to unlock 400 million barrels of oil from their reserves - the biggest such release ever- to ease the impact of the Middle East war. (Photo by MIGUEL RIOPA / AFP via Getty Images)
report on business
What to know about the challenges of reopening the Strait of Hormuz
Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Mina Al Fajer, United Arab Emirates, Wednesday, March 11, 2026. (AP Photo/Altaf Qadri)
international business
Shell, TotalEnergies declare force majeure to clients taking Qatari LNG, sources say
A car passes near QatarEnergy's LNG production facilities on March 2.
inside the market
Insider Report: CEO invests over $600,000 in this energy stock
A flare stack lights the sky from oil refinery in Alberta on December 28, 2018.
analysis
Should Canada have a strategic oil reserve? It’s complicated
Pumpjacks draw out oil and gas on a frosty -25C day from wells head near Carstairs, Alta., Monday, Feb. 3, 2025. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer. THE CANADIAN PRESS/Jeff McIntosh
world
U.S. destroys mine-laying vessels after Iran’s Strait of Hormuz warning
A car rides along the coast of Musandam overlooking the Strait of Hormuz amid the U.S.-Israeli conflict with Iran, Oman, March 2, 2026.REUTERS/Amr Alfiky
international business
Ottawa eyeing moves to boost oil production amid global supply shock
TEESSIDE, ENGLAND - MARCH 09: A tug boat sales up the River Tees past the ConocoPhillips oil terminal on Teesside on March 09, 2026 in Teesside, England. Global oil prices have risen to their highest levels since 2022 following an escalation of the US-Israel war with Iran. Brent crude, the international benchmark, surged past the $100 psychological threshold. Liquid Natural Gas (LNG) prices have also seen a 50% increase since the US and Israel attacked Iran. The war has effectively closed the Strait of Hormuz which sees over a fifth of the global oil and LNG trade pass through narrow gulf. (Photo by Ian Forsyth/Getty Images)
globe investor
Aramco posts drop in annual profit, will buy $3-billion of shares in first buyback
FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq in this file photo, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/FILE PHOTO
world
U.S., Israel hit Iran with intense air strikes as Revolutionary Guard vows to block oil shipments
TEHRAN, IRAN - MARCH 10: A police officer stands guard beneath a poster of Iran's former leader, Ayatollah Ali Khamenei on March 10, 2026 in Tehran, Iran. The United States and Israel continued their joint attack on Iran that began on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Majid Saeedi/Getty Images)
globe climate newsletter
Globe Climate: Water and oil in the Middle East
Plumes of smoke rise over oil depot tanks hit by joint Israel-U.S. strikes overnight north west of Tehran, Iran on March 8.
report on business
Putin says Russia ready to supply Europe as Iran war sparks energy crisis
Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel
report on business
Calgary startup joins the hunt for natural hydrogen
report on business
Ottawa and Alberta reach prospective deal to streamline major project approvals
Prime Minister Mark Carney, right, signs an MOU with Alberta Premier Danielle Smith in Calgary, Thursday, Nov. 27, 2025. THE CANADIAN PRESS/Jeff McIntosh
report on business
South Bow approaches Saskatchewan landowners in bid to revive Keystone XL pipeline
9185, 9190, 9194: Tumbleweed, barbed wire and a 1980s-era natural gas compressor station mark the spot on the Saskatchewan-Montana border where the Keystone XL pipeline route crosses into the U.S. on April 23, 2013 This spot has been central to the debate over Keystone XL, since the border crossing has necessitated the lengthy review in the U.S. by the Department of State and the White House. Keyston story photo by Nathan VanderKlippe
report on business
AltaGas reports $205-million quarterly profit, revenue up
Ridley Island Energy Export Facility (REEF) is under construction at the Port of Prince Rupert in British Columbia, Jan 19, 2026. (Fred Lum/The Globe and Mail)
report on business
South Bow gauging customer interest in new Alberta-to-U. S. pipeline project
Pipeline facilities now owned by South Bow Corp. are seen in Hardisty, Alta., on Friday, Nov. 6, 2015. THE CANADIAN PRESS/Jeff McIntosh
opinion
Trump’s vow to secure Strait of Hormuz implausible after his Venezuelan turnabout
Rita Trichur

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