“Will we help Syria? We will!” The statement made by Russian President Vladimir Putin to help its long-time ally in the case of an attack, caused global oil markets to tremble, and saw West Texas intermediate crude rise for the second day in a row.
Traders became fearful that such a declaration of intent is a sign of increasing tensions, and an indication that some form of conflict with the potential to disrupt Middle East oil exports, is imminent...............................................Full Article: Source
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