Global oil prices reached a four year high on Monday (9 March), surpassing $119 a barrel, as conflict in the Middle East rumbled on. Meanwhile, the Turkish Military said NATO air defence systems destroyed a missile fired from Iran towards the country.
The son of former Supreme Leader Ali Khamenei was announced as the late Ali Khamenei’s successor to Iran's highest ranking political and religious post. The appointment of Khamenei comes just over a week after his father, the former Supreme Leader, was killed in U.S.-Israeli airstrikes on Tehran.
Photos taken by AnewZ's Touraj Shiralilou show people gathering in the streets of the Iranian captial as Mojtaba Khamenei was sworn in as Supreme Leader.
As oil prices surged due to ongoing fighting in Iran and the Middle East, other countries started to respond to the resulting rising fuel prices. Bahrain declared a ‘force majeure,’ freeing it of any contractual obligations to trade partners, after its refinery was bombed.
In Europe, Hungarian Prime Minister Viktor Orban called on the European Union to lift sanctions on Russian energy and announced a cap on fuel prices. Later, Russian President Vladimir Putin said Moscow was willing to sell energy to European customers, provided it was free of political pressure.
The Turkish Defence Ministry said a ballistic missile fired from Iran had been destroyed by NATO air missile defence systems over the city of Gaziantep in south-central Türkiye. Ankara responded by summoning Iran's ambassador, according to sources from Türkiye's Foreign Ministry.
Earlier, Turkish President, Recep Tayyip Erdoğan, said Iran continued to take “wrong and provocative” steps.
It is the second time that NATO defence systems have destroyed a missile from Iran over Türkiye since conflict in the Middle East broke out on February 28.
Players from the side stood in silence during the playing of the country's national anthem, in their match against South Korea in Australia on March 2. The decision was criticised on Iranian state TV, with one commentator calling for them to be punished.
In a post on social media, U.S. President Donald Trump said it would be a “terrible humanitarian mistake” if the Australian government allowed them to be sent back to Iran and called on the country to give them asylum.
Air France announced it was extending the suspension of flights to and from the Middle East due to the security situation in the region. The airline said that it would maintain its suspension of flights to and from Dubai and Riyadh until March 12, and to and from Tel Aviv and Beirut until March 13.
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Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of August, covering the latest developments.
Millions of people across Spain and Iceland are preparing on Wednesday to witness a rare total solar eclipse, when the moon will pass directly between Earth and the Sun, briefly turning daylight into darkness along a narrow path.
Armenian Prime Minister Nikol Pashinyan has dismissed Security Council Secretary Armen Grigoryan and appointed former parliament speaker Alen Simonyan as his replacement.
Central Asia’s economy has surpassed $543 billion, driven by Kazakhstan’s economic weight, strong exports and foreign investment, while growing trade across Asia points to an increasingly connected region.
The United Nations refugee agency is planning a settlement and carpet-weaving workshop for Afghan returnees in Kabul as the country grapples with large-scale returns and growing pressure on housing, jobs and basic services.
Iran will soon join the New Development Bank (NDB), the lender established by BRICS nations, Central Bank Governor Abdolnaser Hemmati said in a state media report on Wednesday ahead of a BRICS finance meeting in India.
Azerbaijan's President Ilham Aliyev has outlined an expanded vision for the Zangezur Corridor, describing it not simply as a transport route connecting mainland Azerbaijan with the Nakhchivan exclave, but as a future platform for energy, telecommunications and wider regional integration.
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