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...
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 14th, covering the latest developments you need to know.
1. Global leaders condemn deadly Russian missile strike on Sumy.
Global leaders, including Ursula von der Leyen, Emmanuel Macron, Keir Starmer, and Donald Trump, have condemned Russia’s missile strike on the Ukrainian city of Sumy, which killed at least 34 people during Palm Sunday celebrations, calling for stronger international actions and a ceasefire.
2. Kremlin says US-Russia talks on bilateral ties progressing well.
The Kremlin stated that ongoing talks with Washington to revive US-Russia relations are progressing well, but warned that the process requires intense diplomacy and time to rebuild mutual trust.
3. Earthquake strikes Myanmar again with magnitude 5.6 tremor.
A 5.6 magnitude earthquake hit Myanmar on Sunday, following a series of aftershocks since the deadly March 28 quake. While no immediate reports of casualties or damage have emerged, the tremor added to the ongoing devastation in the region.
4. Asian stock markets rise on tariff exemptions; Trump to announce semiconductor tariff rates.
Stock markets in Asia saw gains on Monday, driven by optimism over U.S. tariff exemptions for electronics, while U.S. President Donald Trump prepares to announce semiconductor tariff rates. Japan’s Prime Minister Shigeru Ishiba also warned about the global risks posed by U.S. tariffs.
5. Syrian President Ahmed Al-Sharaa visits UAE as part of regional diplomatic efforts.
Syrian President Ahmed Al-Sharaa arrived in the UAE on Sunday for his first official visit since assuming office in January, marking a key step in his regional diplomatic outreach following the collapse of Bashar al-Assad’s regime.
6. Oscar Piastri claims flawless Bahrain Grand Prix victory as McLaren takes control.
Oscar Piastri delivered a faultless drive to claim victory at the Bahrain Grand Prix, leading from pole to flag. McLaren’s dominant pace leaves Piastri just three points behind Lando Norris in the title fight, with Verstappen now third in the standings.
7. Türkiye begins major restoration work on Hagia Sophia's domes to ensure earthquake safety.
Türkiye has launched a new phase in the restoration of Hagia Sophia, focusing on reinforcing the monument’s domes against earthquakes. The project aims to upgrade the dome’s framework while preserving the mosque’s historic value.
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.
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.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
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.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment