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 $...
China confirmed on Monday that it will host a high-level summit with the European Union in Beijing this week to mark 50 years of diplomatic relations. The summit aims to address ongoing trade disputes amid global trade uncertainties.
European Commission President Ursula von der Leyen and European Council President Antonio Costa are scheduled to visit China on Thursday, where they will meet with Chinese President Xi Jinping, as announced by the Chinese Foreign Ministry.
China's Premier Li Qiang will co-chair the 25th China-EU summit alongside the EU leaders on the same day.
The meeting comes as global trade tensions rise, with China seeking to strengthen economic and political ties with the EU to mitigate risks in its relationship with the United States.
EU-China relations have been strained since 2021, when Brussels imposed sanctions on Chinese officials over alleged human rights violations in Xinjiang, leading to retaliatory sanctions from Beijing that halted much of their bilateral exchanges.
Trade disputes between the two sides have also been contentious in recent years, particularly concerning Chinese electric vehicles, European brandy and pork, government procurement of medical devices, and rare earths.
The summit is seen as crucial for addressing these issues, according to Chinese Foreign Ministry spokesperson Guo Jiakun, who expressed hope for cooperation between the two parties.
"China believes that after 50 years of development, China-EU relations are mature and stable, though facing challenges," he said.
In a recent speech, von der Leyen acknowledged China's economic achievements but criticized the country for flooding global markets with excess capacity, restricting access to its market, and effectively supporting Russia's war economy.
The EU, which views China as both a partner for cooperation and an economic competitor, has emphasized the importance of improving relations amid global trade uncertainties. Following U.S. President Donald Trump's announcement of new tariffs in April, von der Leyen told Premier Li in a phone call that the EU and China share the responsibility to support a fair, free, and reformed global trading system.
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.
U.S. President Donald Trump and UK Prime Minister Keir Starmer spoke by phone on Sunday as tensions between Washington and Westminster deepened over the conflict involving Iran. The call came less than a day after Trump criticised Britain’s response to U.S. strikes on Iranian targets.
Norwegian police are searching for a suspect after an explosion at the U.S. embassy in Oslo on 8 March caused minor damage but no injuries, in what authorities say may have been a deliberate attack linked to the Middle East crisis.
An explosion damaged a synagogue in the Belgian city of Liège early on Monday (9 March) in what authorities said was an antisemitic attack that caused damage but no injuries.
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint release of oil from emergency reserves coordinated by the International Energy Agency, the Financial Times reports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of March, covering the latest developments you need to know.
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