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...
Central Israel sounded air-raid sirens on Thursday evening following the launch of a ballistic missile from Yemen, the Israel Defence Forces (IDF) said.
The Israel Defence Forces (IDF) confirmed the interception of the projectile, which was aimed at southern Israel. There are no immediate reports of damage or injuries.
Earlier, the Israeli airstrikes targeted multiple sites in Sanaa, including the Dhahban power station and residential areas in the al-Nahdin and Haddah neighbourhoods, as well as Maeen district.
The Houthi-run Health Ministry reported that at least eight people were killed, and more than 140 others were injured in the attacks.
The strikes occurred hours after the IDF had targeted Houthi positions in Yemen in retaliation for previous drone attacks on Israel.
Earlier in the week, a drone launched from Yemen struck the southern Israeli city of Eilat, wounding at least 22 people, including two critically. The attack took place near a hotel in the city centre, causing significant damage. Local authorities criticised the failure of Israel's air defence systems to intercept the drone, and Eilat's mayor has called for retaliatory measures against the Houthis.
These incidents are part of a broader pattern of cross-border attacks between Israel and the Iran-backed Houthi rebels. The Houthis have launched several missile and drone strikes on Israeli territory, while Israel has conducted multiple airstrikes on Houthi-controlled areas in Yemen.
The ongoing hostilities have raised concerns about the potential for further escalation in the region.
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.
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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