TSX:9101 1 March 2026

Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

OPEC+ agreed to raise oil output by 206,000 barrels per day as tanker operators paused or rerouted shipments after Iran warned the Strait of Hormuz was closed. Major Japanese shipping lines halted transits in the area. Oil markets are closed until Monday, when traders expect sharp price moves. No confirmed damage to infrastructure, but tanker rates have surged.

1 March 2026

Energy Markets·Oil Prices·TSX:9101·TSX:9104·TSX:9107

Diageo Considers Guinness Spin Off Amid Portfolio Shift and Pricing Changes
March 21, 2026, 12:33 PM EDT. Diageo (LSE:DGE) is reportedly exploring a spin off of its Guinness brand following weak financial results and shifting consumer demand towards lower-priced spirits. The move reflects a strategic reassessment of how Guinness fits within Diageo's portfolio, which includes Scotch, tequila, and vodka. Concurrently, the company is pursuing new brand partnerships and limited product launches, such as the IDL partnership for CÎROC Ultra Premium Vodka and a limited Oban 15 Year Old Port Cask Finish, aiming to maintain premium appeal despite consumer trends favoring value options. A Guinness spin off would reshape Diageo's capital allocation and portfolio balance, potentially leaving a more spirits-heavy mix to justify marketing investments. Investors should watch how these changes impact the balance between premium and value offerings, as well as future cash flow resilience.