Gold ix being sold to absorb the oil price shock but no amount of tinkering with margin requirements can address physical shortages. The moment we all wondered about has come. Oil has surged past $100 per barrel and markets are coming under serious strain.
On the tenth day of the war, with much of Iran’s markets either shut down or only partially operating, exchange-rate tracking websites s ...
Huge crude oil spike and Asia plummet: How the Iran war hit the markets Submitted by Rayhan Uddin on Mon, 03/09/2026 - 15:27 Oil prices jumped to the highest levels since 2022, as South Korean and Japanese indices slump following Iranian closure of Strait of Hormuz A crude oil tanker is guided to a berth at the oil terminal at the port in Qingdao, in China’s eastern Shandong province on 7 March 2026 (CN-STR/AFP) Off The global commodity market was jolted as markets reopened on Monday, as the war on Iran continued to escalate over the weekend. Israel struck over 30 oil depots in Iran on Saturday, including in Tehran and Karaj. The strikes on depots went far beyond what the US expected when Israel notified it in advance, according to a report in Axios.
Washington thinks it has the right to kill, just as Western colonizers did, Abdul Majid Hakim Elahi has told RT India The US is seeking to control the whole world to prevent the emergence of a multipolar order, the India representative of Iran's supreme leader has told RT India's Runjhun Sharma.
Iran's Jews feeling fear and heartbreak as US-Israeli strikes rain down Submitted by MEE correspondent on Mon, 03/09/2026 - 14:27 'I cannot see the country where I was born and raised as my enemy,' one Jewish Iranian businesswoman tells MEE Iranian Jews hold a pro-Palestinian gathering in Tehran on 30 October 2023 (Atta Kenare/AFP) Off Yosef, an Iranian Jew who studied history at university, is talking to Middle East Eye about the distinction between Judaism and Zionism. Part of a small community that now numbers less than 10,000 in a country of 90 million, Yosef – like other Iranian Jews – is trying to stay safe from air and missile strikes that often originate in Israel , a country he is supposed to feel some affinity with. “It is Zionism that has damaged Israel’s reputation around the world,” he says.
The Commission chief has used the Middle East escalation to question the global order and push for a more militarized security doctrine European Commission President Ursula von der Leyen has failed to condemn the US-Israeli war on Iran, saying "there should be no tears shed for" Iran's late Supreme Leader Ayatollah Ali Khamenei, who was killed in the initial strikes.
Israeli shelling kills priest in south Lebanon Israeli tank fire killed a priest in the border village of al-Qlayya, in south Lebanon’s Marjayoun district. Lebanese state media reported that Israeli artillery struck a house in the Christian town twice in succession. The first strike wounded the homeowner and his wife, according to the National News Agency (NNA).
While pro-establishment crowds celebrate Khamenei's appointment as his father's successor, others believe it signals no change to how Iran is ruled.
Five players from the Iranian Women’s National Football Team have left the team’s hotel in Gold Coast, Australia, and sought asylum in t ...
A US Tomahawk missile hit a military base near a primary school in southern Iran where Iranian authorities said 168 people were killed, expert video analysis shows.
Iran security chief says Strait of Hormuz unsafe as long as war goes on Iran's security chief Ali Larijani said security in the strategic Strait of Hormuz cannot be restored as long as the war with the US and Israel continues. "It is unlikely that any security can be achieved in the Strait of Hormuz amid the fires ignited by the United States and Israel in the region," said Larijani in a post on X, after France said it and its allies were preparing a "defensive" mission to reopen the waterway.
Brussels should protect the interests of Europeans, not ideology, as the Middle East crisis escalates, Peter Szijjarto says Hungarian Foreign Minister Peter Szijjarto has urged the EU to lift its ban on Russian oil and gas imports, as escalating Middle East tensions and attacks involving Iran have sent global oil prices soaring.
The newspaper Shargh reports that as the war in Iran and the broader region intensifies, authorities have introduced new restrictions on ...
An Iranian living in Australia shared a screenshot of a private exchange with Zahra Khajavi, the goalkeeper of Iran’s Women’s National F ...
TEHRAN (Tasnim) – Iranians from all walks of life filled central squares in capital Tehran as well as across the country in a large show of support for Ayatollah Seyyed Mojtaba Khamenei, who was appointed Leader of Islamic Revolution the previous day, amid the ongoing US-Israeli aggression.
Turkey’s Ministry of Defense said on March 9 that NATO air and missile defense systems intercepted and destroyed another ballistic missi ...
Renowned Palestinian historian Walid Khalidi dies aged 100 Submitted by MEE staff on Mon, 03/09/2026 - 14:13 Scholar and co-founder of the Institute for Palestine Studies devoted his life to documenting Palestinian history and the Nakba Palestinian historian Walid Khalidi holds his degree after receiving an honorary doctorate of humane letters at the American University of Beirut 26 June 2010 (Reuters/Mohamed Azakir) Off Renowned Palestinian historian Walid Khalidi has died aged 100 after a decades-long scholarship focused on the history and displacement of the Palestinian people. The Institute for Palestine Studies (IPS) - a research and publication centre focused on the Palestinian plight that Khalidi co-founded in Beirut in 1963 - said he died in Cambridge, Massachusetts in the US on Sunday. Khalidi was a leading figure in documenting Palestinian society before the Nakba - the “catastrophe” of 1948, when Zionist militias ethnically cleansed Palestinians from their homeland to pave the way for the creation of Israel.
TEHRAN (Tasnim) – Iranians from all walks of life filled central squares in capital Tehran as well as across the country in a large show of support for Ayatollah Seyyed Mojtaba Khamenei, who was appointed Leader of Islamic Revolution the previous day, amid the ongoing US-Israeli aggression.
IEA called for joint release of emergency oil stocks at G7 online meeting The International Energy Agency (IAE) called for a coordinated release of emergency oil reserves during online meeting with the finance ministers from the Group of Seven states, Japanese Finance Minister Satsuki Katayama told a briefing. "IEA called for each country to do coordinated release of oil reserves," Katayama said, as the ministers gathered online to discuss the impact of war in Iran on the markets which saw oil prices surging to more than $119 a barrel on Monday.
UAE tycoon rules out Abu Dhabi joining Iran war in scathing attack on US Submitted by MEE staff on Mon, 03/09/2026 - 14:25 Khalaf al-Habtoor says that while Donald Trump and Lindsey Graham may 'risk their country for Israel's interests', the Emiratis would not do the same Khalaf Ahmed al-Habtoor, chairman of the United Arab Emirates' al-Habtoor Group, gestures during a press conference at Beirut airport on 20 March 2007 (AFP/Haitham Mussawi) Off In a scathing statement on X, Khalaf al-Habtoor, a prominent Emirati billionaire, has ruled out the UAE getting involved in the war on Iran , and accused the US of putting Israel ’s interests over its own. Habtoor noted that US Republican Senator Lindsey Graham had in recent days called on Gulf Cooperation Council (GCC) countries to join the US and Israel in its war on Iran. “I say to him clearly: We know full well why we are under attack, and we also know who dragged the entire region into this dangerous escalation without consulting those he calls his ‘allies’ in the region,” he wrote.
