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...
Thailand’s caretaker Prime Minister Anutin Charnvirakul said on Saturday (13 December) that Thai forces would continue military action along the Cambodia border until Bangkok believes there is no longer a threat to Thai territory or civilians.
The comments came hours after Thailand launched air operations and after U.S. President Donald Trump said he had spoken to Anutin and Cambodian Prime Minister Hun Manet and secured agreement to ‘cease all shooting’. Neither leader publicly confirmed any such deal. Anutin said there was no ceasefire in place, writing online that Thailand’s actions ‘this morning’ made its position clear.
The White House said Trump expected all parties to honour commitments made during the talks and would hold anyone accountable “as necessary” to stop the killing and secure durable peace.
Hun Manet said on Saturday he welcomed a proposal from Malaysian Prime Minister Anwar Ibrahim, who has been acting as a mediator, to stop hostilities from Saturday evening. Anwar, as chair of ASEAN, urged both sides to refrain from further military action from 1500 GMT and said an ASEAN observer team led by Malaysia’s chief of defence forces would deploy to the border, with the U.S. government providing satellite monitoring support.
Thailand’s foreign minister said Bangkok would cooperate with the observer team but argued any ceasefire announcement must be preceded by talks, saying it could not simply be declared while fighting continued. Anutin also told reporters there had been no agreement to halt operations.
Thailand announced a curfew on Sunday in its south-eastern Trat province as fighting spread to coastal areas of the disputed border region. The curfew covers five districts bordering Koh Kong in Cambodia, but excludes the tourist islands of Koh Chang and Koh Kood. A curfew remains in place in the eastern Sakeo province.
Thai forces on Saturday said they had destroyed a bridge that Cambodia had been using to deliver heavy weapons and other equipment to the region, and launched operations targeting pre-positioned artillery in Cambodia’s coastal Koh Kong province. Cambodia accused Thailand of striking civilian infrastructure.
The latest clashes are part of renewed heavy fighting along the 817km border. Thailand’s defence ministry reported exchanges across multiple provinces and said Cambodia’s use of heavy weapons made Thai retaliation necessary. Thai authorities said civilians were injured in Sisaket province.
Thailand and Cambodia have exchanged heavy-weapons fire since Monday, in some of the most intense fighting since a five-day clash in July, which ended with U.S. and Malaysian mediation. This round of fighting strains an October ceasefire framework linked to Trump’s earlier involvement. Thailand said it suspended implementation last month after a Thai soldier was maimed by a landmine that Bangkok alleges was newly laid by Cambodia, a claim Phnom Penh denies.
Hundreds of thousands of people have been displaced on both sides of the border since the latest escalation, as civilians seek shelter from the cross-border fire.
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.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment