The United States has sent Iran a "15-point action list" as a basis for negotiations to end the current conflict, U.S. Special Envoy Steve Witkoff said on Thursday, adding that there are signs that Tehran was interested in making a deal. Witkoff, speaking during a cabinet meeting at the White House, said that the nascent talks could be successful if the Iranians realize there were no good alternatives - a realization Tehran might be coming to, he argued. "We will see where things lead, and [Read more]
Headlines
Trump urges Iran to make a deal or US will ‘keep blowing them away’
President Donald Trump on Thursday urged Iran to make a deal to end U.S. and Israeli bombing or face more strikes on their country. "They now have the chance, that is Iran, to permanently abandon their nuclear ambitions and to join a new path forward," Trump said during a Cabinet meeting at the White House. "We'll see if they want to do it. If they don't, we're their worst nightmare. In the meantime, we'll just keep blowing them away." Trump spoke after a senior Iranian official told [Read more]
Alberta’s economy remains resilient amid geopolitical turmoil
EDMONTON, AB, March 26, 2026 /CNW/ - Ongoing trade and geopolitical uncertainty continues to create a challenging backdrop for Alberta businesses and consumers. At the same time, Alberta's economy has remained resilient, and is expected to continue to grow faster than the national economy. According to ATB Financial's Economic Outlook released today, Alberta's real GDP growth forecast for 2026 has been revised to 2.7 per cent, up from the 2.1 per cent projected in [Read more]
War, oil shock, uncertainty? Time to raise US equity outlook: McGeever
With visibility on the U.S. economic outlook greatly reduced by the fog of war and $100-a-barrel oil, it might seem an odd time to be getting more bullish on stocks. But from a valuation, earnings, and growth perspective, there's a compelling case. Strategists at Barclays outlined it this week as they raised their S&P 500 price and earnings forecasts, and they're not the lone bulls. Corporate America won't entirely escape the economic fallout from the Iran war and energy shock, they [Read more]
US proposal to end war is ‘one-sided’, door to diplomacy still open, Iranian official says
Iran’s initial response to the U.S. proposal to end the war, which was conveyed to Pakistan, was that it was "one-sided and unfair", a senior Iranian official told Reuters on Thursday, adding that a path forward might still be found if realism prevailed in Washington. The official said the proposal "was reviewed in detail on Wednesday night by senior Iranian officials and the representative of Iran’s Supreme Leader". "In brief, the proposal suggests that Iran would relinquish its ability [Read more]
Yemen’s Houthis ready to join Iran war if needed, raising new shipping risk
* Houthis have track record of disrupting international shipping * Iran-aligned group ready should need arise to join war, leader says * Bab al-Mandab is a key choke point By Mohammed Ghobari and Emma Farge ADEN/GENEVA, March 26 - Yemen's Iran-aligned Houthi movement, whose attacks on the Red Sea caused international shipping and trade chaos during the Gaza war, stands ready to strike the key waterway again in solidarity with Tehran, one Houthi leader told Reuters, a move that would [Read more]
Tidewater Midstream and Infrastructure Ltd. announces fourth quarter and year-end 2025 results, operational update, and 2026 financial guidance
(TSX: TWM) CALGARY, AB, March 26, 2026 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation" when referring to the consolidated group, and "Tidewater Midstream" when referring to the legal entity) (TSX: TWM) has filed its consolidated financial statements and Management Discussion and Analysis ("MD&A") for the year ended December 31, 2025. Fourth Quarter 2025 Highlights Consolidated net loss attributable to shareholders was [Read more]
Europe scales back climate goals to ease Iran war energy shock: Bousso
The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices - with lasting consequences for the bloc's energy strategy. The energy crunch sparked by the conflict, now in its fourth week, has rattled Europe, which is heavily dependent on imported oil and gas. Around 8% of its liquefied natural gas (LNG) comes from the Middle East through the all-important Strait of Hormuz, which remains mostly blocked. European [Read more]
Small population, big infrastructure needs: Northern Canada facing power struggles
Representatives from all three Canadian territories say the need to improve their aging electricity grids has reached a critical level requiring billions of dollars from the federal government to update, and in some cases, keep the lights on. Yukon's energy minister says the need is "no longer theoretical" after a frigid week in December nearly required rolling blackouts in Whitehorse. Temperatures nearing -50 C saw demand hit 90 per cent of what could be generated, at a time outside of [Read more]
Price surge from Trans Mountain expansion highlights need for new pipelines: MEI
CALGARY - A new report says Canada's ability to sell oil in markets outside of the United States has paid off big time so far, underscoring the urgent need for more pipelines to coastal waters. Public policy think tank MEI says the average price-gap between light U.S. and heavy Alberta crude blends narrowed by 37.5 per cent between the 18-month leadup to the Trans Mountain pipeline expansion's completion in 2024 and the 18 months that followed. It says that resulted in a US$16.7-billion [Read more]
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