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 $...
Tom Barrack, U.S. Ambassador to Türkiye and Special Envoy for Syria, expressed confidence on Friday that unresolved issues between Washington and Ankara could be resolved within four to six months, describing the relationship as strong and stable.
Speaking at a Milken Institute conference in the UAE, Barrack highlighted the close personal rapport between U.S. President Donald Trump and Turkish President Recep Tayyip Erdoğan, describing it as an “exceptional bond” that has shaped the countries’ partnership.
He underscored Türkiye’s strategic role as NATO’s second-largest ally after the European Union and criticised Europe for not seriously considering Türkiye’s accession prospects.
On Israel, Barrack said that Prime Minister Benjamin Netanyahu does not pursue a “Greater Israel” agenda, adding that the country faces multiple pressures. He argued that prosperity and trade, rather than military ambition, are the key to achieving stability.
Defence and sanctions
Barrack discussed the U.S. sanctions imposed under the Countering America’s Adversaries Through Sanctions Act (CAATSA) and long-running disputes over F-16 and F-35 fighter jets, noting that the debate has stretched over a decade. He explained that President Trump viewed the sanctions as counterproductive and acknowledged Türkiye’s defence production capabilities, including drone exports to Ukraine.
Although the U.S. has not delivered fighter jets to Türkiye, Barrack noted that Ankara has purchased Eurofighter Typhoons and remains an important participant in the F-35 programme. Türkiye’s four F-35 jets are currently in a hangar, unavailable for operational use.
He criticised short-term U.S. political cycles, pointing out that American elections occur every two years, while strategic rivals such as China and Russia plan decades ahead. “Long-term planning and technological advantage are now essential in geopolitics,” he said.
NATO and regional security
Addressing tensions within NATO, Barrack described the situation as “madness,” noting that Europe expects Türkiye to help defend the continent while simultaneously resisting Ankara acquiring advanced weapons over concerns about Russia.
He recalled a White House meeting between Trump and Erdoğan, during which six key defence issues were discussed, most of which were resolved, including matters concerning the S-400 missile system.
Barrack expressed confidence that the remaining issues could be settled within four to six months.
He also highlighted Türkiye’s role in countering Syria’s Assad regime and noted U.S. support for the new Syrian administration. He emphasised that future energy corridors linking Türkiye with Syria and Azerbaijan would offer major strategic benefits.
Referring to the Türkiye–U.S. liquefied natural gas (LNG) agreement, Barrack said LNG has become increasingly important. On the South Caucasus, he expressed hope that ongoing peace efforts between Azerbaijan and Armenia could lead to the eventual reopening of the Türkiye–Armenia border, signalling renewed regional connectivity and stability.
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.
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.
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.
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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