Oil rallies while equities slide amid Iran supply shock

Updated by Eric Kikomeko at 1315 EAT on Monday 2 March 2026 Oil futures surged in early trading after the United States and Israel launched strikes on Iran over the weekend. US crude rose as much as 8% to around $72 on Sunday evening before easing to about $71. Brent crude, the international benchmark, initially…

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Uganda Issues Safety Alert for 160,000 Nationals in UAE Over Iran Attacks

Updated by Faith Barbara N Ruhinda at 12051 EAT on Monday 2 March 2026 Uganda’s embassy in the United Arab Emirates has called on its nationals to stay alert and comply fully with security directives from UAE authorities as tensions rise across the Gulf following Iran’s retaliatory strikes. The Embassy of the Republic of Uganda…

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Iran strikes trigger flight cancellations and fresh travel warnings

Updated by Faith Barbara N Ruhinda at 1208 EAT on Monday 2 March 2026 Airlines are continuing to cancel and reroute flights across the Middle East after the United States and Israel carried out strikes on Iran. Operations at airports in Tel Aviv, Dubai and Doha, as well as other key regional hubs, have been…

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Explosions Reported Across Qatar, UAE and Kuwait Amid Iran Retaliation

Updated by Faith Barbara N Ruhinda at 1143 EAT on Monday 2 March 2026 Explosions were heard in Dubai in the United Arab Emirates and in Doha, the capital of Qatar, for a third straight day as Iran continued retaliatory strikes on neighbouring Gulf states in response to ongoing attacks by the United States and…

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Inside M7 Meeting that Dropped Miria Matembe.

In the early 2000s,  Uganda’s President Museveni and the ruling National Resistance Movement (NRM) began pushing to amend the 1995 Ugandan Constitution to remove presidential term limits — a change that would allow him to seek additional terms in office.  The debate among NRM leaders and ministers was intense. Some senior figures, including Hon Miria…

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Iran Declares 40 Days of Mourning after Assassination of Supreme Leader.

HICGI News Agency — Global Affairs Desk Tehran | Updated at 1237 EAT on March 1, 2026 Iran has entered a 40-day period of national mourning following the assassination of its Supreme Leader, Ali Khamenei, in a dramatic development that has intensified tensions across the Middle East and drawn global attention. Iranian state media confirmed…

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Iran Strikes U.S. Assets Across Middle East in Major Escalation.

By Dr. Kivumbi Earnest Benjamin, L. H. D (Hon) Tensions in the Middle East have sharply escalated after Iran launched coordinated missile strikes targeting United States military assets across the region, marking one of the most serious confrontations between Tehran and Washington in recent years. Widespread Missile Attacks Across the Gulf Iranian forces fired missiles…

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