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 $...
On 13 October, Azerbaijan’s Deputy Prime Minister Shahin Mustafayev met with Iran’s Minister of Roads and Urban Development, Farzaneh Sadegh.
During the meeting, both sides expressed satisfaction with the comprehensive development of relations between Azerbaijan and Iran and discussed current issues on the agenda of mutually beneficial cooperation, particularly in the fields of transport and transit, energy, customs, and other sectors.
The meeting also addressed the completion of works on the Agbend-Kelale road bridge over the Aras River and related customs-border infrastructure, as part of the project to enhance transport links between Azerbaijan’s Eastern Zangezur economic region and the Nakhchivan Autonomous Republic.
The parties reviewed key issues concerning the development of the North–South International Transport Corridor. It was noted that cargo volumes along the corridor increased by 8.3% in the first nine months of 2025, with 10.4% accounted for by road transport and 2% by rail.
The discussion highlighted the importance of coordinated efforts to expand infrastructure along the corridor and ensure a sustained increase in cargo volumes. In this context, the completion of the Southern Cargo Terminal, a vital component of the corridor, was emphasised.
The meeting also included an exchange of views on the necessary measures to fully operationalise the road bridge over the Astaraçay River.
In addition, both sides stressed the significance of the Azerbaijan-Iran-Russia meeting held in Baku for further expanding trade, economic, transport, and energy ties among the three countries.
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.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
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.
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.
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.
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.
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.
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