Bank of Canada Gov. Tiff Macklem believes time is on his side about making a judgment call in response to higher energy prices. A weak Canadian economy bolsters his case. Source: wsj.com

Officials at the central bank will release their latest decision on interest rates amid a weakening job market and war with Iran. Source: nytimes.com

Maritime traffic in the waterway is already down as the Houthis, Iran’s Yemen-based proxy group, warn “our fingers are on the trigger.” Source: nbcnews.com

The highly globalised UAE has felt the impact of conflict more than insular Saudi Arabia Source: ft.com

Oil prices could keep rising toward crisis-era peaks before consumers finally pull back on consumption, Rapidan Energy Group’s Bob McNally said. Source: businessinsider.com

Charles Dallara, advisory partner at Partners Group, joins ‘Money Movers’ to discuss the war in Iran, U.S. diplomacy, and more. Source: cnbc.com