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 $...
Russia laid out strict demands for ending the war during peace talks in Istanbul, calling on Ukraine to cede territory and limit its military.
At a fresh round of peace negotiations held in Istanbul, Russia presented a memorandum demanding that Ukraine surrender significant territories and agree to military restrictions in exchange for an end to the war. The conditions included the full withdrawal of Ukrainian forces from Crimea and four occupied regions, a ban on NATO membership, recognition of Russian as an official language, and a halt to Western military support.
Ukrainian officials dismissed the terms as unacceptable and tantamount to surrender. Despite limited progress—such as an agreement to exchange prisoners of war and retrieve soldiers’ bodies—there was no breakthrough on a ceasefire. Turkish President Recep Tayyip Erdogan expressed hope for a future summit between Vladimir Putin, Volodymyr Zelenskyy, and Donald Trump, though the prospects remain uncertain.
Ukraine's Defence Minister Rustem Umerov said Kyiv would review the Russian proposal, but emphasized that real progress would only come from direct talks between Zelenskyy and Putin. Meanwhile, Ukraine proposed its own roadmap, demanding no limits on military power, no territorial concessions, and reparations from Russia.
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.
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 surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
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.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment