Page Updated: Monday, March 02, 2026 4:51 AM ET

Times of India - World

World - / Mar 2, 2026 - Watch: Saudi Aramco oil refinery, one of the Middle East's largest hubs, hit by Iranian drone - Saudi Aramco's Ras Tanura refinery facility was struck by a drone, leading to its shutdown and exacerbating global supply concerns. This incident follows attacks on vessels in the Strait of Hormuz, nearly halting oil shipments. The drone strike is part of a wider regional escalation, with other Gulf states also targeted, shocking officials with the intensity of Iran's response

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World - / Mar 2, 2026 - UAE gold prices jump over Dh10 as US–Iran tensions escalate in Middle East - Gold prices in the UAE surged dramatically on March 2, 2026, by over Dh10 per gram, mirroring global anxieties over escalating Middle East conflicts. This safe-haven rally, fueled by geopolitical tensions and persistent inflation, saw 24K gold reach Dh646.45 per gram. Analysts predict continued strength for gold as a hedge against global uncertainty.

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