Oil prices hit four year high: Latest news on the Middle East conflict on 9 March
Global oil prices reached a four year high on Monday (9 March), surpassing $...
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.
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
Entry and exit across the state border between Azerbaijan and Iran for all types of cargo vehicles, including those in transit, will resume on 9 March, according to a statement by the Cabinet of Ministers of Azerbaijan.
Kyrgyzstan recorded the largest increase in women’s representation in parliament worldwide in 2025, according to a new report by the Inter-Parliamentary Union.
Türkiye’s official anti-disinformation agency has issued a statement refuting what it described as online “disinformation” and reiterating the strength of relations between Türkiye and Azerbaijan.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Almost 2,000 people have been evacuated from Iran via Azerbaijan since conflict erupted in the Middle East.
Kazakhstan has evacuated more than 7,300 citizens from the Middle East since regional tensions escalated, using both air and land routes to bring nationals home while closely monitoring political developments and potential economic effects linked to rising oil prices.
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