Reporter: Treasury has lifted sanctions on Iranian oil today, sir.
Trump: Well, I’m gonna have to find out exactly the status. But if the sanctions go out, money’s gonna be put into this country. All that money’s coming back in the form of purchases of food, which they desperately need.
They have 91 million people. They can’t feed them. So the money that we lift is gonna go to our farmers, largely to our farmers.
Reporter: Can you ensure the Iranians won't use profits from the oil sales to rebuild their military?
Trump: They’re not supposed to be doing this. We’ll see
🚨🚨🇮🇷🇺🇸 BREAKING | If this is confirmed, we can say that the US has lost the war with Iran.
The Iranian news agency Mehr, citing the Iranian Ministry of Foreign Affairs, has published all 14 clauses of the Memorandum of Understanding (MoU) signed with the US:
1. Permanent and immediate cessation of war on all fronts, including Lebanon.
2. The US commitment to non-interference in Iran's internal affairs and respect for the sovereignty of the Islamic Republic of Iran.
3. Complete lifting of the naval blockade within 30 days.
4. The US commitment to withdraw its forces from around Iran.
5. Reopening of the Strait of Hormuz within 30 days under Iranian arrangements.
6. Suspension of sanctions on the sale of oil, petrochemical products, and derivatives, and full access of Iran to its financial resources.
7. The necessity for the US and its allies to present reconstruction plans for Iran amounting to at least 300 billion dollars.
8. 60 days of negotiations to reach a final agreement based on nuclear issues and the complete lifting of primary, secondary, US sanctions, and UN Security Council and IAEA Board of Governors resolutions.
9. Reiteration of Iran's commitment under the NPT treaty not to produce nuclear weapons.
10. During the negotiation period, the US has committed not to add forces in the region and not to impose new sanctions.
11. Release of 24 billion dollars of Iran's blocked funds during the 60-day final negotiation period. Half of this amount must be made available to Iran before the start of negotiations.
12. Formation of a supervisory mechanism to implement the agreement.
13. The final agreement will be approved by a UN Security Council resolution.
14. Final negotiations will not begin before the release of half of Iran's blocked funds, suspension of Iran's oil sanctions, and lifting of the naval blockade, and the final agreement will only cover the fate of enriched materials and enrichment, lifting of sanctions, and Iran's economic reconstruction plan. Discussions about Iran's missile program and support for resistance groups are definitively removed from the agenda.
As a reminder, the official signing of the memorandum is scheduled for June 19 in Geneva.
See the latest updates with us: @visionergeo
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"Energy is a scarce resource in the Yukon and our electricity grid is under strain and will soon be unable to meet the needs of the territory."
Ontario Power Generation and Yukon Energy will now collaborate on the groundwork needed to bring SMRs onto Yukon's grid.
The Yukon's electricity system has just 152.1 megawatts of total installed capacity — a serious constraint that is already limiting new mining projects, economic development, and population growth.
This past winter made it clear the territory needs significant investment in new generation capacity it can count on during its "coldest and darkest months."
Ontario Minister of Energy and Mines Stephen Lecce framed this as part of a much bigger national picture: "As Ontario leads the continent's largest nuclear expansion creating 150,000 jobs, we will continue to play an outsized role supporting Canadian economic growth and energy security."
The agreement also opens the door to microreactor development for remote communities and mines that sit entirely off the main electricity grid.
Ontario has now brought together BC, Alberta, Saskatchewan, Manitoba, New Brunswick, Yukon, PEI, Nova Scotia, and the Northwest Territories to advance new electricity transmission projects and strategic interties across the country.
https://t.co/iClUTZiWts
“Canada needs to accelerate energy infrastructure projects to take advantage of a rare opportunity to significantly increase its exports amid a global reckoning on energy policy caused by the war in Iran, the head of the International Energy Agency said ahead of a trip to Ottawa.”
https://t.co/vcoxBXS9XH
Prime Minister Mark Carney said Friday that given the increased global demand for secure new sources of energy due to the war in Iran, and Canada’s need to diversify to Asian markets, a new pipeline is “more probable than possible.”
https://t.co/Ty0GIDD8Dv
BC Energy Minister Adrian Dix says that the Sunrise pipeline expansion is good news for the province and good news for Canada.
"Well, it's good news for the province. It's a major investment in energy infrastructure in the province. It's going to advance LNG projects as Minister Hodgson suggested before me, including projects such as Woodfibre LNG. It's an important investment in terms of immediate jobs in the province."
"It supports other jurisdictions because they'll be using Canadian steel. In short, it's an outstanding project. Whether it's this project, other energy infrastructure projects and natural gas pipeline projects, clean energy projects, of which we're awash, mining projects, LNG projects, were focused on building the country."
🇨🇦 Canada is at a crossroads — and the choice it makes on a new West Coast pipeline could define its energy future for decades.
No matter the route for a new pipeline — whether through northern BC or via the existing Trans Mountain route — Canadian business and energy leaders say it is now a 'moral imperative.'
The route matters far less than simply getting it built.
Deborah Yedlin, CEO of the Calgary Chamber of Commerce, put it plainly: getting a million barrels to the coast — by pipeline, not rail — is "on everybody's mind."
With ongoing conflict in Iran disrupting Gulf supply chains, more countries are turning to Canada to fill the gap. This isn't just about Canada's economy anymore.
"There’s a moral imperative for us to do this because we know that we’re going to continue to use the hydrocarbons,” says Yedlin.
But self-imposed barriers remain to Canada's pipeline goal. Our regulatory environment remains a barrier for investors. As Evan Bahry, Executive Director of Energy Connections Canada, noted, we need to fix our "pancaked regulatory regime" so investors can see a clear, predictable path before committing to major capital.
That's the real bottleneck. Not the route. Not the politics. The inability to say to a boardroom: "Here is your timeline. Here is your certainty. Here is your green light."
The window for Canada to become an energy superpower and diversify its export markets is open — but it won't stay open forever.
Trade diversification away from the U.S. is no longer a talking point; it's a strategic necessity. Energy is Canada's strongest card.
We need the regulatory conditions conducive to major projects if we truly wants to move from planning to construction in an expedited fashion, securing a stronger and more prosperous future for Canadians in the process.
While opponents of resource development in Canada obfuscate the global reality, and complain about foreign capital investment in major projects, Minister Hodgson lays out the reality very clearly:
To secure our economic future we must attract hundreds of billions of dollars of local and global capital to develop and export more of our energy, mining, food and forestry resources.
RFK Jr: Trump eats really bad food, which is McDonald’s, and candy and Diet Coke. But he drinks Diet Coke all the time. He has the constitution of a deity. I don’t know how he’s alive… He’s just pumping himself full of poison all day long.
We have been saying this for many years!
Europe wants Canadian energy with European companies exploring potential long-term contracts with Canada’s proposed Ksi Lisims LNG export terminal on the Pacific Coast.
The world needs more Canadian energy!
https://t.co/amNMqRRXet
Across the world, country after country is saying the same thing: they want Canadian natural resources. They want our energy, our critical minerals, and our expertise.
The only question left is whether we're ready to deliver.
https://t.co/p7AmSSpQiz
Saskatchewan’s Minister of Energy and Resources is heading to Ottawa on a helium mission.
@ChrisBeaudryMLA will lead a delegation advocating for changes to federal policy, supporting Saskatchewan’s helium investment and encouraging private investment, while also strengthening the country’s role as a reliable supplier of helium to countries around the world.
https://t.co/jxtRJzsl32
With many new nuclear generation facilities under consideration in Canada, the funding needs of these projects are coming into sharper focus.
#NuclearEnergy 🇨🇦
https://t.co/yftpi5fkSX