live Oil climbs past $119 a barrel as Iran crisis squeezes global supply - Monday 9 March
Global oil prices continue to rise, currently surpassing $119 a barrel this Monday, an almost four year high following fresh U.S.-Israeli...
U.S. President Donald Trump threatened on Friday to come to the aid of protesters in Iran if security forces fire on them, days into unrest that has left several dead and posed the biggest internal threat to Iranian authorities in years.
"We are locked and loaded and ready to go," Trump said in a social media post.
Top Iranian official Ali Larijani responded to Trump's comments warning that U.S. interference in domestic Iranian issues would equal the destabilisation of the whole region. Iran backs groups in Lebanon, Iraq and Yemen.

The comments came as a local official in western Iran where several deaths were reported was cited by state media as warning that any unrest or illegal gatherings would be met "decisively and without leniency", raising the likelihood of escalation.
This week's protests over soaring inflation have spread across Iran, with deadly confrontations between demonstrators and security forces focused in the western provinces of Lorestan and Chaharmahal and Bakhtiari.
State-affiliated media and rights groups have reported at least six deaths since Wednesday, including one man who authorities said was a member of the Basij paramilitary affiliated with the Revolutionary Guards.
This week's protests are the biggest in three years, since nationwide demonstrations triggered by the death of a young woman in custody in late 2022 paralysed Iran for weeks, with rights groups reporting hundreds killed.
During the latest unrest, the elected President Masoud Pezeshkian has struck a conciliatory tone, pledging dialogue with protest leaders over the cost-of-living crisis, even as rights groups said security forces had fired on demonstrators.
Speaking on Thursday, before Trump threatened U.S. action, Pezeshkian acknowledged that failings by the authorities were behind the crisis.
"We are to blame... Do not look for America or anyone else to blame. We must serve properly so that people are satisfied with us.... It is us who have to find a solution to these problems," he said.
Pezeshkian's government is attempting a programme of economic liberalisation, but one of its measures, deregulating some currency exchange, has contributed to a sharp decline in the value of Iran's rial on the unofficial market.
The sliding currency has compounded inflation, which has hovered above 36% since March even by official estimates, in an economy battered by Western sanctions over Iran's nuclear programme.
Authorities have detained several individuals in the Lorestan counties of Azna and Delfan, according to media reports, as demonstrations have also been reported in Chaharmahal and Bakhtiari province.
Fars and Hengaw also reported fatalities in Lordegan in Chaharmahal and Bakhtiari province. Authorities confirmed one death in Kuhdasht, Lorestan, while Hengaw reported another in the central province of Isfahan.
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 continue to rise, currently surpassing $119 a barrel this Monday, an almost four year high following fresh U.S.-Israeli strikes targeting oil depots. Stock markets shares slumped on fears the conflict with Iran could disrupt shipments through the Strait of Hormuz.
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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