The Canadian Index

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Weekly line chart of WTI crude oil prices from January to August 2026, up nearly 29 percent amid Hormuz tensions.

Oil prices climbed after the 60-day US-Iran ceasefire agreement over the Strait of Hormuz expired Monday without extension, followed by an unidentified vessel strike in the strait overnight and a senior Iranian official signaling a more aggressive posture. Brent traded above $91 and WTI near $84 on Tuesday, though both remain well below the peaks reached during March's acute standoff. The gap between today's level and that earlier high underscores how much less alarmed markets are about this latest escalation.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Line chart tracking the S&P/TSX Composite through July's ceasefire collapse, near-record rally, and late-month pullback to a 35,226 close.

The S&P/TSX Composite closed July at 35,226, up 1.06% for the month, a modest headline figure that conceals sharp intra-month swings.

S&P/TSX Composite closes July up 1.06% after a volatile month

July 31, 2026

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Line chart comparing Brent and WTI crude oil prices through July's four-leg rally to $85.47.

Brent and WTI crude both surged in July, with WTI ending the month at $85.47, up 23.0%, after round-tripping from a five-month low near $68.74.

WTI and Brent crude surge in July as the Iran ceasefire collapses

July 31, 2026

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Line chart showing WTI crude oil prices falling over three sessions in late August 2026 despite new Iran sanctions.

Oil has fallen for three straight sessions despite Washington unveiling its most sweeping Iran sanctions campaign on record, because the…

Oil Fell After the Toughest Iran Sanctions Ever. The Chain That Explains Why Runs Through a Shipping Corridor, Not the Sanctions List.

August 26, 2026

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Scorecard chart comparing six assets' same-day percentage moves Tuesday, with gold the worst performer amid Hormuz tensions.

Gold, oil, the Canadian dollar, the TSX and bond yields posted mixed moves Tuesday afternoon even as tensions in the Strait of Hormuz…

Cross-Asset Scorecard as Hormuz Escalates

August 18, 2026

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Intraday line chart of gold spot price falling to $4,367 an ounce Tuesday as long-term Treasury yields surged.

Gold spot fell to $4,367 an ounce Tuesday, down 1.2% from its intraday high, even as a genuine escalation in the Strait of Hormuz might…

Gold Falls as Treasury Yields Hit a 19-Year High

August 18, 2026

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Line chart showing Brent crude oil prices falling below $87 after five consecutive sessions of gains.

Brent crude fell 2.18% to $87.04 Thursday, snapping a five session winning streak that had carried it from $79.36 on August 4 to a high of $88.98 on August 12.

Oil Fell This Week. The Hormuz Rhetoric Didn't.

August 14, 2026

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