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 $...
Belgium has approved the transfer of four decommissioned minehunters to Bulgaria under a contract worth €24 million (over $28 million).
The vessels will be modernised at Belgian shipyards before being deployed by Bulgaria in the Black Sea. Defence Minister Theo Francken said the deal would strengthen NATO’s presence in the region while also supporting Belgian industry.
“Bulgaria will receive ships it can deploy in the Black Sea, and our Belgian industry will benefit from €24 million in employment and high-tech contracts,” Francken said. “In this way, we are not only strengthening NATO but also our own economy.”
He added that transferring the ships allows Belgium to avoid the costs of maintaining or dismantling older vessels as the navy transitions to a new generation of mine countermeasure ships.
Under the agreement, Bulgaria will cover the costs of modernising and maintaining the minehunters in Belgium, ensuring long-term contracts for Belgian companies and continued technical support for the Bulgarian navy.
Francken also noted that three Dutch vessels could be added to the programme in the future.
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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