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...
British Prime Minister Keir Starmer has said the United Kingdom will formally recognise Palestine as a state at the United Nations in September, unless Israel takes “substantive steps” to ease the humanitarian crisis in Gaza.
The United Kingdom will recognise Palestine as a state at the United Nations in September unless Israel takes clear action to ease the humanitarian crisis in Gaza. Prime Minister Keir Starmer made the announcement after an emergency Cabinet meeting on Tuesday.
Starmer said the UK’s decision depends on Israel allowing more aid into Gaza, refraining from unilateral moves in the West Bank, and committing to real peace talks based on two states. Over 250 UK MPs have expressed support for the move.
Starmer also called on Hamas to release all hostages and accept it will not play a role in Gaza’s future.
Israel rejected the UK’s plan, calling it a “reward for Hamas” and warning it could undermine prospects for peace.
The United Nations reports that more than 60,000 people have died in Gaza since the conflict escalated, with millions facing hunger and a shortage of basic services.
Starmer said, “We want to see two states living side by side in peace and security”.
An Israeli government spokesperson stated, “Recognising Palestine at this time rewards terror”.
The UK now stands at a crossroads. If Israel moves, the door to negotiation may reopen. If not, Britain is set to redraw its policy map at the United Nations—testing the limits of recognition, diplomacy, and leverage as the crisis deepens.
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.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
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.
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.
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.
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.
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