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 $...
Tehran has revealed a new ballistic missile that it says is "the most recent ballistic missile" built by the Iranian defence ministry. With 16 meters in length and 1.25 meters in a diameter, the missile named Etemad, or "trust" in Persian, has a maximum range of 1,700 kilometres (1,056 miles), accor
With its range, the newly revealed missile is capable of reaching Israel, which Iran targeted twice last year amid the broader regional impact of the Gaza conflict.
"The development of defense capabilities and space technologies... aims to ensure that no country dares to attack Iranian territory or even thinks about it," Pezeshkian stated in a televised speech, as quoted by media. “With the help of our young people and capable specialists, Iran proudly manufactures and even exports military products,” he added.
Since the return of US President Donald Trump — who pursued a “maximum pressure” approach to Iran in his first term — Tehran has made multiple shows of force, including large-scale military exercises and the presentation of underground military bases.
Iranian President’s Press Office highlighted the list of defence and space innovations demonstrated at the exhibition on Sunday:
- Shahid Arman, a long-range air defense system designed as a fully tactical and self-propelled system,
- L 360, a solid-fuel ballistic missile system with ability of simultaneous launch of six missiles as a mobile tactical system,
- Shahid Qassem, a solid-fuel ballistic missile system, with precision strike capability and resistance to electronic warfare,
- Shahid Abou Mahdi, a cruise missile system capable of being launched from both ground and naval launchers,
- Khorramshahr 4, a liquid-fuel ballistic missile system for different missions, possessing the heaviest warhead among Iran's ballistic missiles,
- Jihad, a liquid-fuel ballistic missile system with precision strike capability.
- Emad, liquid-fuel and long-range, surface-to-surface ballistic missile.
- Shahid Majid, a short-range system designed to counter drones, helicopters, and other low-altitude targets.
- Dezful, a short-range system designed for vertical launch against cruise missiles, drones, and low-altitude flying targets, capable of launching two missiles simultaneously against two different targets.
- Zoubin, a short-range system capable of launching eight missiles in a vertical launch configuration,
- 15 Khordad, a long-range system with a detection and engagement altitude of 27 kilometers.
Having been under an arms embargo during a devastating war with Iraq between 1980 and 1988, Iran now has a substantial arsenal of domestically developed weapons, including missiles, air defence systems and drones.
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.
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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