Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
Oil Prices Surge as Middle East Conflict WidensSingapore, 5 Mar 2026 (ONA) —- Oil prices advanced today as the widening conflict in the Middle East disrupts oil and gas flows, while supply remains constrained amid reduced output from production facilities.Brent crude climbed by USD 1.67, or 2.05 percent, to settle at USD 83.07 per barrel, while US West Texas Intermediate rose by USD 1.94, or 2.60 percent, to reach USD 76.60.Shipping traffic through the Strait of Hormuz—a vital conduit for nearly one-fifth of global energy consumption—has ground to an almost complete halt for the fifth consecutive day amid the Israeli and American war on Iran.—- Ends/Khalid
