With support from Sheikha Fatima, UAE to restore Umayyad Mosque in Damascus
Mother of the Nation Endowment for Orphans’ initiative raises AED3.3bn during Ramadan; launches AED1 bn ‘Mother of the Nation City’ project
UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
Oil Prices Surge 7 Percent Following Escalating Regional Developments Singapore, 2 Mar 2026 (ONA) —- Oil prices jumped by roughly 7 percent today, hitting their highest levels in months, driven by escalating regional developments. Brent crude futures rose to $82.37, marking their highest level since January 2025. This surge occurred during the first futures trading session following military strikes launched by the United States and Israel against Iran. Meanwhile, US West Texas Intermediate (WTI) crude rose by $4.66, or 6.95 percent, to reach $71.68 per barrel. Earlier in the session, WTI touched $75.33, its highest point since June 2025.—- Ends/Khalid