Oil prices – the fall of the Assad regime led to a rapid rise in oil prices – UNIAN
The rebels toppled the regime of Bashar al-Assad, who had been Syria's president since 2000.
Oil prices rose more than 1% as the fall of the Assad regime led to greater uncertainty about the fate of the Middle East. Reuters reports this.
Thus, Brent oil futures rose by 94 cents, or 1.32%, to $72.06 per barrel. At the same time, futures for US oil WTI (West Texas Intermediate) showed an increase of $1, or 1.49%, to $68.20 per barrel.
“The developments in Syria have added a new layer of political uncertainty to the Middle East, providing some support to the market,” said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consulting.
Let us recall that recently the command of the Syrian army informed officers that the Assad regime had fallen. His reign lasted…
