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How Will the Syria Conflict Affect the Markets? Without a doubt, the situation in Syria is having an effect on the markets. Specifically, the threat of a US military intervention is affecting the price of oil in particular. For example, oil prices have slowly increased in price since the US government made it known that a military strike on Syria is likely to occur. Syria’s Effect on the Price of Oil While Syria produces a modest amount of oil at approximately 180,000 barrels per day, the count…
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What is Next for Syria?
I don’t want to be too negative, but the escalation of violence in Syria is one of the scariest things I have come across since the Bay of Pigs Invasion! If the Assad regime is confirmed as using chemical weapons in an attack on the population - which allegedly has killed around 1000 people – the political ramifications could be huge. President Obama has already said that such an attack would signify a crossing of `the red line` and this morning, France has insinuated that force may well be nee…