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 $...
Appearing in a Manhattan courtroom after a U.S. military operation, Nicolás Maduro has denied narcotics and terrorism charges, as his vice president was sworn in as Venezuela’s interim leader in Caracas.
At a hearing on Monday, the man who has ruled Venezuela since 2013 described himself as a "decent man" who had been "kidnapped", before being cut off by the judge.
The arraignment has plunged U.S.-Venezuelan relations, international law and the future of the oil-rich nation into uncharted territory.
Wearing orange and beige prison clothing, Maduro, 63, told the court through an interpreter: "I am innocent. I am not guilty… I am still president of my country."
He and his wife, Cilia Flores, who also pleaded not guilty, listened through headphones as Alvin Hellerstein, a U.S. district judge, outlined four criminal counts.
The charges include overseeing a cocaine-trafficking network in coordination with international drug cartels, conspiracy to import cocaine and possession of machine guns.
Outside the courthouse, dozens of demonstrators both supporting and opposing Maduro gathered, reflecting deep divisions over his rule.
His lawyer, Barry Pollack, said he expected "voluminous and complex litigation" over what he described as his client’s "military abduction".
As Maduro was being processed by the U.S. justice system, a rapid political transition was under way in Caracas. Hours after the hearing, Vice President Delcy Rodriguez was sworn in as interim president.
While offering support for her predecessor, Rodriguez gave no indication that she would challenge the U.S. military operation.
U.S. officials say the move forms part of a calculated strategy by President Donald Trump’s administration.
A recent U.S. intelligence assessment, reported by the Wall Street Journal, said Rodriguez was viewed as best placed to lead a temporary government capable of maintaining order.
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The operation has raised serious legal questions internationally.
The United Nations Security Council met to debate the raid, which was condemned by Russia, China and several of Venezuela’s leftist allies as a violation of national sovereignty.
U.S. officials have rejected the criticism. White House deputy chief of staff Stephen Miller told CNN: "The United States of America is running Venezuela," adding: "We set the terms and conditions."
President Trump said U.S. oil companies including Exxon Mobil, ConocoPhillips and Chevron would return to help rebuild Venezuela’s oil infrastructure, a process he suggested could be subsidised by Washington.
However, Democratic leader Chuck Schumer said a congressional briefing on the plan was "vague, based on wishful thinking and unsatisfying", underlining divisions in Washington over the long-term strategy.
Maduro’s next court appearance is scheduled for 17 March.
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 surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
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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