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...
Ukraine has agreed on key elements of a post-war reconstruction plan in talks with Jared Kushner and other top U.S. officials, President Volodymyr Zelenskyy said on Wednesday (10 December), during ongoing peace efforts to reach a settlement in the nearly four-year war.
Zelenskyy said he had held talks focusing on an "economic document" at a meeting with Kushner, Treasury Secretary Scott Bessent and BlackRock CEO Larry Fink.
Proceeding with reconstruction of Ukraine has become a major element in discussions on a settlement, along with security guarantees and concerns over territory.
"The principles of the economic document are completely clear and we are fully aligned with the American side," Zelenskiy said.
"An important common principle is that for reconstruction to be of high quality and economic growth after this war to be tangible, real security must be at the core. When there is security, everything else is there too," Zelenskyy added.
Zelenskyy joined in the discussions by Prime Minister Yulia Svyrydenko, other Ukrainian officials and senior military officers, and said work was proceeding on the "fundamental document" of 20 points aimed at ending the war.
He said two other associated documents dealt with security guarantees and economic issues.
A key point in plans for the reconstruction of Ukraine has been the establishment of an investment fund for sectors including rare metals - sought by the United States, with Svyrydenko playing a key role in setting it up.
The leaders of Britain, France and Germany held a call on Wednesday with Trump to discuss Washington's latest peace efforts to end the war in Ukraine, in what they said was "a critical moment" in the process.
Kushner has emerged as a central figure in the process of negotiating a peace settlement between Ukraine and Russia.
Alongside President Donald Trump's envoy Steve Witkoff, he attended five hours of Kremlin talks last week with Russian President Vladimir Putin and then later discussions with a Ukrainian delegation in Florida.
Members of the 'Coalition of the Willing' group of nations backing Ukraine, led by European Union member states, are to meet on Thursday, the French presidency said.
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.
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 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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