Tehran, March 9, 2026 (AFP) - Iran war sends crude prices soaring as Khamenei son takes charge

NAMPA / AFP

2026-03-09

The Iran war sent oil prices soaring on Monday after Tehran, under new leader Mojtaba Khamenei, fired a new barrage of missiles at its Gulf neighbours and signalled that the strategic Strait of Hormuz would likely remain shut. On the first day in power for Khamenei, the 56-year-old son of slain leader Ali Khamenei, Iranian troops mustered another wave of missile and drone attacks on Saudi Arabia, Bahrain, Qatar, the UAE and Israel. Another missil......

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