Iran war: Oil prices soar
Global News Podcast
BBC
4.3 • 8.3K Ratings
🗓️ 9 March 2026
⏱️ 31 minutes
🧾️ Download transcript
Summary
The benchmark oil price has passed $100 a barrel for the first time since 2022. But Donald Trump says the economic fallout from the US-Israel war with Iran is "a very small price to pay" for world peace. After Iran named a new supreme leader, Mojtaba Khamenei, heavy explosions have continued to rock the capital Tehran. The Turkish opposition leader Ekrem Imamoğlu has gone on trial in Istanbul for corruption, in a case he describes as politically motivated. We report from South Sudan, where the world's youngest nation is grappling with instability and fears of a return to civil war. The Ukrainian president Volodomyr Zelensky has said he is sending drone experts to the Middle East this week to help Gulf states under attack from Iran. There is concern about the safety of the Iranian women's football team after they refused to sing their national anthem at the first game of the Asian Cup in Australia. Scientists have discovered an ancient Egyptian equivalent of correction fluid.
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Transcript
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| 0:00.0 | BBC Sounds, music, radio, podcasts. |
| 0:07.4 | We definitely do not have quiet days anymore in American politics. |
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| 0:24.6 | This is the Global News podcast from the BBC World Service. |
| 0:31.1 | I'm Charlotte Gallagher, and at 1600 hours, GMT, on Monday the 9th of March. These are our main stories. Oil prices surge as the |
| 0:40.3 | US-Israel war with Iran continues. President Trump says it's a very small price to pay for what he |
| 0:46.3 | calls world peace. But how long will this continue? The new supreme leader of Iran is the son of the last one, leading some Iranians to despair |
| 0:55.8 | about the future. |
| 0:57.1 | This means that nothing is going to change. |
| 0:59.1 | It's the same path, perhaps even worse. |
| 1:01.7 | Anyhow, I don't think the situation can continue. |
| 1:04.7 | I don't think that it will last. |
| 1:09.2 | Also in this podcast, what will happen to the Iranian women's football team after they refuse to sing their national anthem? |
| 1:16.9 | They're in Australia now, but will they return home? |
| 1:20.0 | If they did seek asylum and we do not know whether they do want to, what would that mean for their families back home? |
| 1:31.3 | Okay. they do want to, what would that mean for their families back home? We start with the economic fallout of the US and Israeli war against Iran. Its impact is |
| 1:37.8 | spreading across the globe. Oil prices have shot up by 20% today to more than $100 a barrel |
| 1:44.0 | and stock markets have fallen. |
| 1:46.4 | Donald Trump has said it's a very small price to pay for what he calls world peace. G7 finance |
| 1:52.6 | ministers have been discussing the release of emergency oil reserves but say no decision has been |
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