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 $...
Romania is looking to collaborate with Ukraine on developing drones through a new European Union defence funding initiative. However, it will take at least seven years before the country has a multi-layered air defence system, according to a government source.
Sharing a 650 km (400 miles) land border with Ukraine, Romania has experienced more than 20 incidents over the past two years, where drones have breached its airspace or fragments have fallen onto its territory. This has occurred since Russia began attacking Ukraine's ports along the Danube, just across from Romania.
Tensions have been rising along Europe's eastern border, after Estonia accused Moscow of sending three fighter jets into its airspace and Denmark closing airports due to suspected drones. This came a week after NATO jets intercepted Russian drones in Polish airspace. Romania also narrowly avoided shooting down a drone.
"We need more air defences, but nobody has them," a Romanian defence source told Reuters.
"For the time being, defence will be asymmetrical, with enormous anti-aircraft costs that could only be borne at the NATO level."
The source explained that Romania has been in discussions with Ukraine, whose drone technology has been “battle-tested on a large scale,” to manufacture drones in a project funded by the EU's 'SAFE' rearmament initiative.
Romania has €16.6 billion ($19.4 billion) allocated under the Security Action For Europe (SAFE) initiative, which Prime Minister Ilie Bolojan stated would support military acquisitions amounting to roughly 1% of national output annually for five years.
Romania's air defences currently consist of F-16 fighter jets, Patriot systems, Lockheed Martin's HIMARS rocket launchers, short-range South Korean Chiron surface-to-air missiles, and German Gepard anti-aircraft guns.
The latter two options are Romania’s most cost-effective for drone defence at present, the source said.
Gepards are deployed near populated areas along the Ukrainian border, but covering the entire border and maintaining these systems would be financially unfeasible.
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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