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Oil prices go haywire as Iran welcomes new supreme leader

Oil prices go haywire as Iran welcomes new supreme leader
US president calls Mojtaba’s appointment "bad idea"; says war could be "over soon".
Updated 10 Mar, 2026 07:45am
Related
US Treasury secretary hints at lifting more Russian oil sanctions New Delhi continues importing Russian oil Trump’s reckless gambit

Trump says Iran war ‘pretty much’ over, progressing ahead of schedule

Trump says Iran war ‘pretty much’ over, progressing ahead of schedule
Says United States is "very far" ahead of his initially stated timeframe for the war of four or five weeks.
Published 10 Mar, 2026 02:08am

Pair charged with terrorist offences for throwing explosives near a protest outside New York Mayor Mamdani’s residence

Pair charged with terrorist offences for throwing explosives near a protest outside New York Mayor Mamdani’s residence
The men were charged with five counts, including attempted support of a foreign terrorist organisation and use of a weapon of mass destruction.
Updated 09 Mar, 2026 11:04pm

Qatar arrests 313 people for sharing footage, ‘misleading information’ amid attacks by Iran

Qatar arrests 313 people for sharing footage, ‘misleading information’ amid attacks by Iran
"Those arrested filmed and circulated video clips and published misleading information and rumours that could stir public opinion”, authorities say.
Published 09 Mar, 2026 05:43pm

Mojtaba Khamenei’s appointment as supreme leader draws measured US response, sharp Israeli warning

Mojtaba Khamenei’s appointment as supreme leader draws measured US response, sharp Israeli warning
Israeli Defence Minister Israel Katz warns that any new leader linked to Iran’s ruling elite would be “an unequivocal target for elimination”.
Updated 09 Mar, 2026 12:44pm

Branded Content

Fatima Fertilizer launches Sarsabz Tabeer: Seeds of Change campaign on International Women’s Day to celebrate women in agriculture

Fatima Fertilizer launches Sarsabz Tabeer: Seeds of Change campaign on International Women’s Day to celebrate women in agriculture

The campaign recognizes the resilience, strength and unwavering dedication of women working across the agricultural value chain.
Women in Thar: Breaking barriers, transforming lives

Women in Thar: Breaking barriers, transforming lives

Thar Foundation has enabled hundreds of women to step into roles that once seemed unimaginable.
ParkView City homebuyers can now avail UBL Home Financing

ParkView City homebuyers can now avail UBL Home Financing

The initiative enables aspiring homeowners to purchase property through formal banking channels instead of paying the full amount upfront.
War Diary Day 10: Iran’s new leader, escalating war and endgame questions

War Diary Day 10: Iran’s new leader, escalating war and endgame questions

Stranded Iranian sailors put Sri Lanka, India in diplomatic dilemma

Stranded Iranian sailors put Sri Lanka, India in diplomatic dilemma

Who is Mojtaba Khamenei, son and successor to Iran’s Supreme Leader?

Who is Mojtaba Khamenei, son and successor to Iran’s Supreme Leader?

Highlights

Shots fired at Rihanna and A$AP Rocky’s Beverly Hills home, suspect arrested

Shots fired at Rihanna and A$AP Rocky’s Beverly Hills home, suspect arrested

The trailer for Dhurandhar: The Revenge doesn’t even pretend to be ‘based on true events’

The trailer for Dhurandhar: The Revenge doesn’t even pretend to be ‘based on true events’

This Pakistani says he was ‘enjoying the explosions when made to leave Iran’ and X is both amused and worried

This Pakistani says he was ‘enjoying the explosions when made to leave Iran’ and X is both amused and worried

Arooj Aftab features alongside Arctic Monkeys, Olivia Rodrigo on album to benefit kids affected by war

Arooj Aftab features alongside Arctic Monkeys, Olivia Rodrigo on album to benefit kids affected by war

Buddy Guy reflects on his blues legacy as Sinners takes centre stage at Oscars

Buddy Guy reflects on his blues legacy as Sinners takes centre stage at Oscars

Priyanka Chopra and Kumail Nanjiani among presenters for this year’s Oscars ceremony

Priyanka Chopra and Kumail Nanjiani among presenters for this year’s Oscars ceremony

‘Oil rain’ falls on Tehran after apocalyptic strikes on refineries

‘Oil rain’ falls on Tehran after apocalyptic strikes on refineries
Capital plunges into darkness; residents warned of chemical burns, acrid fumes.
Updated 09 Mar, 2026 01:41pm

US, Israel accused of ‘war crimes’ after deadly strikes on civilian targets

US, Israel accused of ‘war crimes’ after deadly strikes on civilian targets
Najafabad "double-tap" airstrike kills 19 civilians seeking municipal services, emergency workers.
Updated 09 Mar, 2026 08:00am

Israeli settlers kill three Palestinians in West Bank

Israeli settlers kill three Palestinians in West Bank
Two killed in a strike on car in Gaza.
Updated 09 Mar, 2026 09:04am

India arrests ‘killers’ of Bangladesh uprising leader

India arrests ‘killers’ of Bangladesh uprising leader
Bangladeshi police alleged that the killer had fled to India, a claim rejected at the time by Indian authorities.
Updated 09 Mar, 2026 09:10am

German state election deals blow to Merz: exit polls

German state election deals blow to Merz: exit polls
Over 31 per cent of voters opt for the Greens led by Cem Ozdemir.
Published 09 Mar, 2026 07:06am

South Asia

Stranded Iranian sailors put Sri Lanka, India in diplomatic dilemma

Stranded Iranian sailors put Sri Lanka, India in diplomatic dilemma

‘Mortgaged to American interests’: US approval for Russian oil sparks outrage from Indian opposition

‘Mortgaged to American interests’: US approval for Russian oil sparks outrage from Indian opposition

Indian Air Force says fighter jet on training mission crashed in Assam

Indian Air Force says fighter jet on training mission crashed in Assam

US Navy relying more on Indian ports amid Iran conflict: former US official

US Navy relying more on Indian ports amid Iran conflict: former US official

Middle East

War Diary Day 10: Iran’s new leader, escalating war and endgame questions

War Diary Day 10: Iran’s new leader, escalating war and endgame questions

Second Pakistani killed in UAE due to falling debris from aerial interception amid ongoing Iran-US-Israel war

Second Pakistani killed in UAE due to falling debris from aerial interception amid ongoing Iran-US-Israel war

Mideast airlines begin cautious flight resumption amid regional tensions

Mideast airlines begin cautious flight resumption amid regional tensions

Israel pounds Beirut, warns Lebanon of ‘heavy price’

Israel pounds Beirut, warns Lebanon of ‘heavy price’

Newspaper

Israel using white phosphorus in Lebanon: HRW

Strategic oil reserves on the table as G7 meets

EU lawmakers set to greenlight ‘return hubs’ for migrants

Antarctic sea ice improves after years of extreme lows

Small anti-war minority finds itself isolated in Israel

Shots fired at Rihanna and A$AP Rocky’s Beverly Hills home

Istanbul’s jailed mayor goes on trial in graft case

Anthropic takes US govt to court over ‘security risk’ designation

Australia grants asylum to Iran’s women footballers

Charles urged to cancel US visit

Ukraine’s assets

Algerian parliament criminalises French rule

Bangladesh tightens belt amid fuel crunch

12 soldiers killed in Nigeria’s northeast

Speculation grows over US forces’ redeployment from S. Korea to ME

Nepal turns away from old to new political forces

Global crises demand feminist lens on governance

Jakartans return to bookstores, thanks to the Internet

Syria’s Kurds caution Iranian counterparts against aligning with US

German state election deals blow to Merz: exit polls

Ukrainian drone experts in Mideast ‘next week’, says Zelensky

Possible terror motive in US embassy blast: Norway

Israeli settlers kill three Palestinians in West Bank

India arrests ‘killers’ of Bangladesh uprising leader

China Daily Logo
Business

China’s non-manufacturing PMI at 49.5 in February

Culture

Folk performances continue to bless the New Year

Opinion

Middle East turmoil triggers global chain reaction

Top Authors

  1. News Desk
  2. Syed Irfan Raza
  3. Aamir Yasin
  4. Khaleeq Kiani
  5. Baqir Sajjad Syed
24 Hours3 Days
Govt hikes petrol, high-speed diesel prices by Rs55 per litre

Govt hikes petrol, high-speed diesel prices by Rs55 per litre

India crush New Zealand to win third T20 World Cup title

India crush New Zealand to win third T20 World Cup title

Kutchery Chowk flyovers, underpasses in Rawalpindi set to open for traffic before Eid

Kutchery Chowk flyovers, underpasses in Rawalpindi set to open for traffic before Eid

CDF Munir discusses Iranian attacks in meeting with Saudi defence minister

CDF Munir discusses Iranian attacks in meeting with Saudi defence minister

PM Shehbaz to announce austerity plan tomorrow amid global fuel crisis

PM Shehbaz to announce austerity plan tomorrow amid global fuel crisis

Pakistan comes under scrutiny as UK cracks down on ‘asylum abuse’

Pakistan comes under scrutiny as UK cracks down on ‘asylum abuse’

Pakistan signals support to Saudi Arabia while treading carefully with Iran amid Gulf escalation

Pakistan signals support to Saudi Arabia while treading carefully with Iran amid Gulf escalation

‘Petrol bomb’ falls on Pakistan amid war

‘Petrol bomb’ falls on Pakistan amid war

Brace for impact: The Middle East war has reached Pakistan

Brace for impact: The Middle East war has reached Pakistan

Work on underground water storage tank begins

Work on underground water storage tank begins

What can end the Iran war?

What can end the Iran war?

Limiting the damage

Limiting the damage

‘Whole country will stop’ as India dreams of home World Cup glory

‘Whole country will stop’ as India dreams of home World Cup glory

Pakistan edge Japan 4-3 to qualify for Hockey World Cup after 8 years

Pakistan edge Japan 4-3 to qualify for Hockey World Cup after 8 years

Pakistan Railways increases fares following fuel price hike

Pakistan Railways increases fares following fuel price hike

Govt decides in principle to implement work-from-home, distance learning for fuel conservation

Govt decides in principle to implement work-from-home, distance learning for fuel conservation

Mojtaba Khamenei’s appointment as supreme leader draws measured US response, sharp Israeli warning

Mojtaba Khamenei’s appointment as supreme leader draws measured US response, sharp Israeli warning

‘Mortgaged to American interests’: US approval for Russian oil sparks outrage from Indian opposition

‘Mortgaged to American interests’: US approval for Russian oil sparks outrage from Indian opposition

Unstoppable India target Olympic gold after making World Cup history

Unstoppable India target Olympic gold after making World Cup history

Petrol shock

Petrol shock

Pakistani found guilty of ‘Iran-linked plot to kill Trump’

Pakistani found guilty of ‘Iran-linked plot to kill Trump’

Anti-drone units to be established in all districts of Punjab, says home department

Anti-drone units to be established in all districts of Punjab, says home department

War & deception

Some wealthy Asians look to move Dubai assets closer to home on Iran war fears

Some wealthy Asians look to move Dubai assets closer to home on Iran war fears

Inmate’s account hints at Epstein death ‘cover-up’

Inmate’s account hints at Epstein death ‘cover-up’

Govt hikes petrol, high-speed diesel prices by Rs55 per litre

Govt hikes petrol, high-speed diesel prices by Rs55 per litre

Govt decides in principle to implement work-from-home, distance learning for fuel conservation

Govt decides in principle to implement work-from-home, distance learning for fuel conservation

India crush New Zealand to win third T20 World Cup title

India crush New Zealand to win third T20 World Cup title

Kutchery Chowk flyovers, underpasses in Rawalpindi set to open for traffic before Eid

Kutchery Chowk flyovers, underpasses in Rawalpindi set to open for traffic before Eid

CDF Munir discusses Iranian attacks in meeting with Saudi defence minister

CDF Munir discusses Iranian attacks in meeting with Saudi defence minister

India beat England in high-scoring T20 World Cup contest, will meet New Zealand in the final on Sunday

India beat England in high-scoring T20 World Cup contest, will meet New Zealand in the final on Sunday

Pakistan comes under scrutiny as UK cracks down on ‘asylum abuse’

Pakistan comes under scrutiny as UK cracks down on ‘asylum abuse’

Pakistan signals support to Saudi Arabia while treading carefully with Iran amid Gulf escalation

Pakistan signals support to Saudi Arabia while treading carefully with Iran amid Gulf escalation

Top Reads Today

War Diary Day 10: Iran’s new leader, escalating war and endgame questions

War Diary Day 10: Iran’s new leader, escalating war and endgame questions

Brace for impact: The Middle East war has reached Pakistan

Brace for impact: The Middle East war has reached Pakistan

Stranded Iranian sailors put Sri Lanka, India in diplomatic dilemma

Stranded Iranian sailors put Sri Lanka, India in diplomatic dilemma

Who is Mojtaba Khamenei, son and successor to Iran’s Supreme Leader?

Who is Mojtaba Khamenei, son and successor to Iran’s Supreme Leader?

Neither preemptive nor legal, US‑Israeli strikes on Iran have blown up international law

Neither preemptive nor legal, US‑Israeli strikes on Iran have blown up international law

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