Prices of Brent and WTI crude oil rose on Monday to their highest levels since mid-2022. In morning trading, both Brent and WTI were above 114 dollars per barrel. Later in the day, the price of Brent approached 119.50 dollars. The increase was linked to concerns about possible disruptions to oil supplies from the Middle East following the escalation of the conflict involving Iran. Markets also reacted to the risk of disruptions around the Strait of Hormuz, a key route for global oil shipments. The scale of Monday’s movement was described as one of the strongest single-day increases in recent years. Current prices remain below the historical peaks recorded in 2008. The record price of Brent stands at 147.50 dollars per barrel, while WTI also exceeded 147 dollars at that time. The latest rise therefore marks very high oil prices, but not an all-time record.
Fuel prices at filling stations in Poland are rising in early March
In a publicly available sample of price readings from Polish filling stations collected between 5 and 8 March, the average price of Pb95 petrol was PLN 6.33 per litre, diesel PLN 7.17 per litre, and LPG PLN 3.01 per litre. The figures covered readings from six fuel networks, including Orlen, BP, Shell, Auchan and Circle K. The highest recorded prices reached PLN 7.00 per litre for Pb95, PLN 7.59 per litre for diesel and PLN 3.22 per litre for LPG. The lowest were PLN 5.55, PLN 5.74 and PLN 2.70 per litre respectively. The data show considerable price differences between stations and locations.
Jazz in the Gardens festival opened in Miami Gardens
The Jazz in the Gardens festival opened in Miami Gardens and is scheduled to run on 7 and 8 March. The event is taking place at Hard Rock Stadium. This year’s edition is organised by the city of Miami Gardens. Performers due to appear on stage include Jhené Aiko, Ludacris, Nelly and Ashanti. The programme also features concerts by The Isley Brothers, GloRilla, Ella Mai, Mýa, Robin Thicke and Joe. This is the 19th edition of the festival. The event will continue until Sunday. https://jazzinthegardens.com
NASA ruled out an impact between asteroid 2024 YR4 and the Moon
NASA said that asteroid 2024 YR4 will not hit the Moon in December 2032. The decision was based on new observations made by the James Webb Space Telescope on 18 and 26 February. The data made it possible to refine the object’s orbit and remove the earlier uncertainty over its trajectory.
Earlier analyses indicated that the probability of a collision with the Moon was 4.3 per cent. NASA said that the asteroid will pass the Moon on 22 December 2032 at a distance of about 21,200 km. The agency recalled that the significant risk of a collision between 2024 YR4 and Earth had also been ruled out earlier.
The object belongs to the group of near-Earth bodies and remains under monitoring as part of planetary defence efforts. The new data ruled out the scenario of a collision with the Moon considered in earlier analyses.
Night attacks in Tehran and Beirut in the Middle East
On the outskirts of Tehran, a refinery caught fire after overnight strikes on targets in the Iranian capital. Iranian media reported a column of smoke and flames rising above the facility. At the same time, an Israeli strike hit the Ramada hotel in Beirut’s Raouche district. According to local medical services, at least four people were killed and ten were injured. The Israeli army said the target of the strike in Beirut was commanders of the Lebanese branch of the Quds Force. Iranian authorities announced another wave of attacks on Israel and US military installations in the region. Overnight, Iranian drones were intercepted over Gulf states, including Saudi Arabia, Bahrain and Kuwait. Authorities did not provide a full assessment of the damage to the refinery near Tehran.
Explosion damaged the consular section of the US Embassy in Oslo
During the night from Saturday to Sunday, an explosion occurred near the United States Embassy in Oslo. Norwegian police said that no one was injured. The blast caused minor damage at the entrance to the consular section of the mission. The incident took place at around 1.00 a.m. in the western part of the city. Emergency services secured the area around the embassy and began investigative activities. No further explosive threats were identified in the area. Police are searching for one or more potential suspects using dogs, drones and a helicopter. Forensic technicians are working at the scene, while police are establishing the causes and circumstances of the explosion.
Three planes with Polish citizens from Qatar landed in Warsaw
On Saturday evening, three planes carrying Polish citizens arriving from Qatar landed at Warsaw Chopin Airport. A total of 282 people returned to the country. Two military transports reached Warsaw after 8 p.m. The third plane, organised by LOT Polish Airlines on behalf of the government, landed after 11 p.m. The arrival marked the end of this part of the transport operation carried out with the involvement of the military and the national carrier. The information was confirmed by the Polish Ministry of Foreign Affairs.
Russell won the Australian Grand Prix in F1 season opener
George Russell won the Australian Grand Prix, the opening race of the 2026 Formula 1 season. The Mercedes driver finished ahead of his team-mate Kimi Antonelli, while third place went to Ferrari’s Charles Leclerc. The outcome of the race was decided by strategy during the virtual safety car period, which Mercedes used more effectively than Ferrari. Fourth place went to Lewis Hamilton for Ferrari. Lando Norris of McLaren was fifth, while Max Verstappen of Red Bull, who started from 20th on the grid, finished sixth. Oscar Piastri did not start after crashing before the race began. Oliver Bearman of Haas finished seventh, and debutant Arvid Lindblad of Racing Bulls was eighth. The next race of the season will take place on 13–15 March in Shanghai, where the Chinese Grand Prix is scheduled.
Świątek came back from behind to advance in Indian Wells
Iga Świątek advanced to the third round of the Indian Wells tournament after defeating American Kayla Day 6-0, 7-6 (7-2). The Pole won the first set without dropping a game. In the second set, Day was already leading 5-1 and was close to taking the match into a third set. Świątek, however, came back and forced a tie-break. The outcome of the second set was decided in the closing stages, with the Pole winning 7-2. The match lasted 1 hour and 38 minutes. The victory secured Świątek’s place in the third round of the WTA 1000 event. Her next opponent will be Maria Sakkari.
Currency and precious metal rates (2026-03-08 06:00 UTC)
Currency rates (2026-03-08 06:00 UTC)
1 EUR = 4.2707 PLN
1 USD = 3.6755 PLN
1 CHF = 4.7304 PLN
1 GBP = 4.9291 PLN
1 EUR = 1.1620 USD
Precious metals (2026-03-08 06:00 UTC)
GOLD = 5174.00 USD/oz
SILVER = 84.59 USD/oz
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Data: foreign exchange – interbank FX market, metals – XAU/USD and XAG/USD spot (OTC). Values represent a market snapshot at the time of publication and do not constitute investment advice.