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Stay informed with free updatesSimply sign up to the Oil myFT Digest — delivered directly to your inbox.Some content could not load. Check your internet connection or browser settings.Oil and gas prices surged and global stocks fell on Monday as the widening conflict in the Middle East disrupted energy supplies from the region and threatened to hit the global economy.In a marked escalation from the weekend, one of Saudi Arabia’s largest oil refineries was attacked by drones, forcing a shutdown. Analysts warned the escalating conflict could now spread to energy infrastructure across the Gulf, potentially causing a prolonged rise in…

Hannah Blythyn, Welsh Labour MS for Delyn, has voiced her support for a £23.1 million investment in Wales’ ambulance fleet. The funding will support the introduction of new emergency, response, and patient transport vehicles across the country. The funding, announced by the Welsh Labour Government, will pay for 160 vehicles for the Welsh Ambulance Services University NHS Trust. This includes 50 new emergency ambulances, 40 single responder vehicles, 67 non-emergency patient transport vehicles and three specialist Hazardous Area Response Team vehicles. Ms Blythyn said: “This investment in new ambulances and response vehicles is a major boost for patients and for…

Monday 02 March 2026 6:01 am  |  Updated:  Monday 02 March 2026 9:59 am Bidgely will deliver the keynote address at the upcoming IDC European Utilities Xchange, taking place March 2 – 3 in Valencia, Spain. Through a series of executive roundtables, interactive workshops and fireside chats, Bidgely will demonstrate how European energy retailers and Distribution System Operators (DSOs) can transform raw smart meter data into a definitive layer of unified intelligence for managing the complexities of growing electrification, regulatory mandates, price volatility and customer engagement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260301866482/en/ “As European energy leaders…

RIYADH – Saudi Arabia shut its biggest domestic oil refinery on March 2 after a drone strike, a source said, as Israeli and US strikes and Iranian retaliation forced shutdowns of oil and gas facilities across the Middle East.A wave of attacks on the region stretched into a third day, resulting in the precautionary suspension of most oil production in Iraqi Kurdistan and at several major Israeli gas fields, throttling exports to Egypt.State oil giant Saudi Aramco’s 550,000 barrels per day (bpd) Ras Tanura refinery, which was shut as a precautionary measure, is part of an energy complex on the…

Gold is taking a breather after the initial run to over one-month highs near $5,400, kicking off the new week with a bang.A global flight to safety theme, following the US-Israel joint attacks on Iran over the weekend, bolstered the demand for the traditional store of value, Gold.Gold thrives on risk aversion and global uncertaintyGold buyers resort to cashing in on their long positions, fuelling a modest retracement in the prices heading toward the European opening bells.However, the bullish potential for Gold remains intact in the near-term amid continued geopolitical escalation in the Middle East.The Times of Israel reported that the…

National Savings and Investment (NS&I) has announced the March 2026 winners. Only two lucky winners claimed the top £1 million prize this month, with the first being claimed by a winner from Liverpool with the bond number 496VT504601. The owner’s winning bond was valued at £25,000 and was purchased in April 2022 with an overall holding of £50,000. What is a Premium Bond? The second Premium Bonds winner to claim £1 million this month is from Norfolk, with the bond number 282NN327573. The winner has an overall holding of £50,000, with the winning bond worth £40,000, purchased in September 2016. Premium Bond prizes announced in March 2026 Every month,…

Show Quick Read Key points generated by AI, verified by newsroom Iran’s Shahed-136 drones have hit the Aramco oil refinery in Saudi Arabia. Saudi Aramco has halted operations at its Ras Tanura refinery.  BREAKING — 🇸🇦🇮🇷🇺🇲Scenes from Saudi Aramco in Ras Tanura, Saudi Arabia. pic.twitter.com/6rplFOX1mJ — UK Report (@UK_REPT) March 2, 2026 The strike sparked a fire at the facility, though reports indicated the blaze was limited and quickly brought under control. No casualties have been reported so far. The drone attack on Saudi Arabia’s Ras Tanura Refinery comes against the backdrop of escalating tensions in the Middle East, following…

This article was written byFollowFinancially Free Investor is a financial writer with 25 years investment experience. He focuses on investing in dividend-growing stocks with a long-term horizon. He applies a unique 3-basket investment approach that aims for 30% lower drawdowns, 6% current income, and market-beating growth on a long-term basis and he focuses on dividend-growing stocks with a long-term horizon. He runs the investing group High Income DIY Portfolios which provides vital strategies for portfolio management and asset allocation to help create stable, long-term passive income with sustainable yields. The service includes a total of 10 model portfolios with a…

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“If gold briefly trades above that level and then pulls back, it would suggest short-term hedging activity. However, if prices break above $5,600 and remain above it with sustained buying interest, it would signal a more structural shift toward a ‘haven-first’ positioning.”The levels traders will watch firstOther strategists framed the opening move in terms of immediate resistance zones that could define the session.Michael Brown, senior research strategist at Pepperstone, said the market is primed for a defensive tilt at the open, with two levels likely to draw attention quickly.“I think it’s pretty clear that gold will gap higher at the…