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 $...
As Catholic cardinals prepare to elect a new pope following the death of Pope Francis on April 21, a key question arises: will the papacy return to an Italian after nearly 50 years of foreign leadership?
For centuries, Italians dominated the papacy, holding the position unbroken for 455 years until 1978, when Polish-born John Paul II was elected. Since then, the role has passed to German Pope Benedict and Argentine Pope Francis. Now, with the conclave set to begin on May 7, speculation is growing around several Italian candidates, including Cardinal Pietro Parolin, the Vatican's Secretary of State; Cardinal Matteo Zuppi of Bologna; and Cardinal Pierbattista Pizzaballa, based in Jerusalem.
Despite Italy’s strong historical ties to the papacy, its influence has declined in recent decades. Italians now make up only 14% of the cardinal electors, compared to 24% in 2013. The Italian vote could be split among multiple candidates, reducing the chance of a united front.
Historian Alberto Melloni pointed out that Italy's failure to back a single candidate in past conclaves contributed to the election of non-Italians. Internal divisions and unwillingness to compromise have often made Italian contenders seem less viable.
Though Italian cardinals avoid openly campaigning, many emphasize that the pope’s origin should matter less than spiritual wisdom. Cardinal Angelo Bagnasco stated that faith and leadership are more important than nationality.
However, a past financial scandal could damage Italy's chances. Cardinal Angelo Becciu, a former top official under Parolin, was dismissed in 2020 and later convicted for financial misconduct involving a London property deal. Although Parolin wasn’t implicated, the scandal has resurfaced, casting a shadow over the Italian bloc. Becciu announced he would not attend the conclave to avoid controversy.
Experts note that the leading Italian candidates have significant international experience, a shift from past traditions. Whether this makes them more acceptable to global cardinals or whether internal tensions will again work against them, remains to be seen in the coming days.
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.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment