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 $...
Germany’s election winner Friedrich Merz and the SPD have wrapped up preliminary coalition talks, pledging stricter migration controls and economic reforms. Merz aims to finalise the deal by Easter, stressing Europe must strengthen itself amid shifting U.S. policies under Donald Trump.
Friedrich Merz, the incoming German chancellor, is pushing for a coalition agreement with the SPD by April 20. The parties seek to implement stricter migration controls, boost industry, and loosen borrowing limits to stimulate growth in Europe’s largest economy.
Merz has emphasised the urgency of strengthening Germany’s military and economic resilience, citing geopolitical tensions and concerns over a less reliable U.S. under Trump. The CDU/CSU and SPD plan to push key fiscal reforms through parliament next week, including adjustments to Germany’s debt brake and a €500 billion infrastructure fund.
A policy paper released alongside the talks outlined plans for tighter border controls, faster deportations, and reforms to welfare payments. Markus Söder, leader of Bavaria, suggested reducing benefits for those unwilling to work, while SPD co-leader Lars Klingbeil stressed the need to balance migration restrictions with success stories.
Economic policies will focus on easing costs for businesses, supporting e-mobility, and preventing penalties for automakers exceeding CO2 limits. The coalition will also negotiate with the Greens, whose support is crucial for passing financial reforms. However, Green leaders warned that major disagreements remain, particularly over funding election promises.
Key votes in parliament are set for March 18 and March 25, where opposition from far-right and radical left lawmakers could complicate Merz’s plans.
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.
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.
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.
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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