Oil prices rose more than one percent on Thursday, supported by higher fuel demand as a major storm swept through Florida and concerns about possible disruptions to Middle East supplies. By 13:30 GMT, Brent crude futures rose $1.2, or 1.6 percent, to $77.78 per barrel, while US West Texas Intermediate (WTI) crude futures rose $1.16, or 1.6 percent, to $74.40 per barrel. The United States, the world's largest oil producer and consumer, is facing another major storm, Hurricane Milton, which hit Florida, where supplies ran out at about a quarter of gas stations, helping support crude prices. Prices rose this month after Iran fired more than 200 rockets at Israel on October 1. Source: National Iraqi News Agency
AU Summit Calls for Urgent Reform in Africa’s Peace and Security Architecture
August 30, 2026
Luanda: Speaking at the 21st Extraordinary African Union (AU) Summit on conflict prevention and resolution, the Chairperson of the AU Commission, H.E. Mahmoud Ali Youssouf, called for urgent reform of Africa’s peace and security architecture. He highl…