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Canadian, U.S. markets rally and oil prices sink as Iran says Strait of Hormuz open
TORONTO — Canada's main stock index rallied and U.S. markets moved further into record territory, as oil plunged after Iran's foreign minister said the Strait of Hormuz is fully open.

Inflation expected to jump in March as Iran oil shock enters price data
OTTAWA — Statistics Canada will reveal the early impacts of the Iran war's oil price shock on inflation when the agency reports its consumer price index for March on Monday.

Hormuz reopening not like 'flipping a switch' for rattled oil markets: professor
CALGARY — Energy industry experts say it could be a while before any calm returns to rattled oil markets after Iran's top diplomat declared the Strait of Hormuz "completely open" to commercial traffic that had all but ceased when war engulfed much of
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