Archives

Trump Says the US and Iran Will ‘Jointly Control’ the Strait of Hormuz

President Donald Trump proposed Monday that the US and Iran share control of the Strait of Hormuz — the waterway his administration has spent the last four weeks trying and failing to reopen. Reporters asked Trump who would control the strait once it reopens. “It’ll be jointly controlled,” he said. “Me and the Ayatollah, whoever […]

Orogen Sees Flat Net Income In Q4 2025 Despite Record Revenue

Orogen Royalties (TSXV: OGN) posted its strongest year on record in 2025, with total revenue rising to $13.1 million from $9.9 million last year as both its Ermitaño royalty and prospect generation businesses expanded materially. Specifically, Ermitaño royalty revenue increased to $9.6 million in 2025 from $7.9 million, while prospect generation revenue more than doubled […]

Sen. Murphy: Trump’s Iran ‘Pause’ Was a Message to Markets, Not Tehran

President Donald Trump posted his five-day pause on Iran strikes at 7:05 AM ET Monday — two hours before US markets opened on what analysts expected to be a brutal trading session. Sen. Chris Murphy said the timing told the real story. “Trump isn’t announcing a pause on strikes,” Murphy wrote on X. “He’s saying […]

Alberta Premier Signals Middle Eastern and Asian Interest in New Canadian Oil Pipeline

Alberta Premier Danielle Smith revealed on Monday that Middle Eastern and Asian investors are showing early-stage interest in a potential new crude oil pipeline in Canada, with possible minority stakes of 15% to 30% if the project advances. Speaking at the CERAWeek by S&P Global conference in Houston, Smith highlighted Alberta’s exploration of a one […]

Enbridge Forecasts Surge in Canadian Crude Re-Exports Via Gulf Coast

Enbridge (TSX: ENB), a leading Canadian pipeline operator, projects a sharp rise in re-exports of Canadian heavy crude from U.S. Gulf Coast terminals over the next decade, driven by a wave of pipeline expansions set to boost capacity. Colin Gruending, president of liquids pipelines at Enbridge, highlighted that between 200,000 and 400,000 barrels per day […]

i-80 Gold Completes Massive $1 Billion Financing Plan

i-80 Gold (TSX: IAU) has cleared its final major hurdle in a massive capital restructuring, closing a $250 million gold prepayment facility that secures the company’s path toward becoming a mid-tier producer. The financing, arranged with National Bank of Canada and Macquarie Bank, provides an immediate $150 million cash injection. An additional $100 million accordion […]

Someone Bought $1.5 Billion in Futures Before Trump’s Iran Post

At 6:50 AM ET Monday, the futures market was quiet. Then $1.5 billion in S&P 500 contracts changed hands in a single move, while $192 million in oil futures went the other direction. The person who placed those trades had 14 minutes to wait before President Donald Trump told the world why they were right. […]

Valero Refinery Explosion in Port Arthur Triggers Shelter-in-Place Order for Residents

A powerful explosion rocked the Valero refinery in Port Arthur, Texas, on Monday evening, sending a towering pillar of smoke into the sky and prompting local authorities to issue a shelter-in-place order for west side residents. Reports of a deafening boom that rattled car windows flooded in, with one resident describing a pervasive rotten egg […]

Ontario Backs $1.3-Billion Push to Offload GTA’s Condo Glut as Rentals

Ontario’s provincial infrastructure bank and a private investment firm announced March 10 a $1.3-billion fund to buy unsold condominiums across the Greater Toronto Area and convert them into long-term rentals — with a slice set aside as permanently affordable housing. The deal pairs High Art Capital with the Building Ontario Fund, a Crown agency the […]

New $35M Prediction Market Fund Backed By Rivals Polymark, Kalshi Execs

Prediction markets are now mature enough to attract specialized venture capital, and investment firm 5c(c) Capital’s launch signals that investors are no longer just backing the exchanges themselves. According to an investment document viewed by Bloomberg News, the new firm is launching with support from a broad roster of prominent investors, including Polymarket founder Shayne […]