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 $...
An Israeli airstrike in central Beirut killed five people and wounded 31 on Monday, marking the second consecutive day of strikes in the city. The attack comes as Lebanon and Hezbollah agree to a U.S.-proposed ceasefire with Israel. Tel Aviv is yet to respond.
An Israeli airstrike in central Beirut on Monday killed at least five people, marking the second consecutive day of Israeli bombardment in the Lebanese capital. The attack targeted the densely populated Zuqaq al-Blat neighborhood, close to the Lebanese government’s headquarters. Lebanon’s health ministry confirmed that 31 others were injured, with two more individuals reported missing. At least 3,500 people have been killed in Lebanon so far according to reports.
Over the past week, Israel has escalated its airstrikes in and around Beirut, while Hezbollah has launched several rocket and drone attacks targeting Israeli military sites.
As the fighting rages on, Lebanon and Hezbollah have agreed to a U.S.-led ceasefire proposal with Israel a top Lebanese official told Reuters on Monday, describing the effort as the most serious yet to end the fighting.
Ali Hassan Khalil, an aide to Parliament Speaker Nabih Berri, said Lebanon had delivered its written response to the U.S. ambassador in Lebanon on Monday, and White House envoy Amos Hochstein was travelling to Beirut to continue talks.
"Lebanon presented its comments on the paper in a positive atmosphere," Khalil said, declining to give further details. "All the comments that we presented affirm the precise adherence to (U.N.) Resolution 1701 with all its provisions," he said.
There was no immediate comment from Israel.
However, a diplomat familiar with the negotiations warned that final details still need to be resolved, which could delay a full agreement. The ceasefire plan is expected to align with U.N. Security Council Resolution 1701, which brought an end to the 2006 war between Israel and Hezbollah. The resolution mandates Hezbollah to relocate its fighters and weapons north of the Litani River, about 30 kilometers from the Israeli border.
Israel’s recent operations began in late September, following a year of escalating hostilities with Hezbollah. The Israeli military has focused on dismantling Hezbollah’s capabilities, conducting airstrikes across Lebanon, and deploying ground forces in southern Lebanon. In the latest escalation, Israel’s airstrikes on Beirut on Sunday killed 10 people, including a senior Hezbollah media official.
On Monday, a rocket fired from Lebanon struck a building in the Israeli town of Shfaram, killing an Israeli citizen. The Israeli military confirmed that at least five rockets were fired from Lebanon.
The international community has called for an immediate ceasefire, with hopes for a diplomatic resolution as both sides remain entrenched in the ongoing conflict.
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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