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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…
