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...
Afghanistan and Pakistan have extended their ceasefire, following several days of negotiations in Istanbul from October 25 to 30, 2025, mediated by Türkiye and Qatar.
A statement from the Turkish Ministry of Foreign Affairs confirmed that both sides have agreed to extend the ceasefire and to establish a monitoring and verification mechanism to ensure its implementation, including penalties for any violators.
The next principal-level meeting will take place in Istanbul on 6 November 2025 to finalise the modalities of the ceasefire and border management.
In a statement, the spokesperson of the de facto Afghan government, Zabihullah Mujahid, said the talks were held “in line with its permanent and principled policy that issues should be resolved through diplomacy and understanding.”
Zabihullah added that the Afghan delegation, described as a “comprehensive and professional team,” conducted the negotiations in a sincere and patient manner.
The statement continued that Afghanistan seeks “good relations with neighbouring countries, including Pakistan,” and remains committed to ties “based on mutual respect, non-interference in internal affairs, and not posing a threat to any side.”
It also confirmed that both countries will meet again to discuss remaining issues, noting the Istanbul negotiations were “a complex process.”
Pakistan’s Information Minister Attaullah Tarar described the outcome of the Istanbul talks as a “victory” for Pakistan, saying it was now up to Kabul to take firm and verifiable action against militant groups, Pakistan TV Digital reported.
Minister Tarar stated, “Pakistan’s stance has been clear: support for terrorism must end. A mechanism for monitoring, verification, and enforcement in case of violations will also be implemented.”
The diplomatic progress, however, comes amid twenty consecutive days of border closures at five major crossings.
Afghan local news reports indicate that more than 5,000 trucks loaded with fruit, vegetables, and other goods remain stranded, while traders report that perishables are decaying at both the Torkham and Chaman border crossings. Landlocked Afghanistan, reliant on Pakistani routes for imports, has been especially hard hit.
The Afghan Embassy in Islamabad said thousands of refugees remain stuck without food, water, or medical care, and that around 10,000 have been detained since the closures began.
The embassy reported several deaths, including children and a woman, and urged Pakistan to reopen crossings or temporarily halt deportations. It also appealed to international organisations to intervene and increase humanitarian assistance.
Mediators Türkiye and Qatar expressed appreciation for the “active contribution of both sides” and said they would continue to support efforts towards lasting peace and stability in the region.
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.
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.
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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