Monday 28 July 2014
Syria strike

Oil at 2-week low as Syria strike fears ebb

Global oil prices fell towards $112 a barrel on Tuesday, touching their lowest level in two weeks as a Russian proposal to avert a U.S. strike on Syria gathered steam, easing concerns that a new Middle East conflict would further disrupt supplie


Russia sends missile cruiser to Mediterranean

Russia is sending a missile cruiser to the east Mediterranean to take over the navy's operations in the region, state agency Interfax quoted a military source as saying on Wednesday, as the US prepares for a possible military strike in Syria


Russia ‘sending spy ship to Mediterranean’

Russia is sending a reconnaissance ship to the eastern Mediterranean, Interfax news agency reported on Monday, as the US prepares for a possible military strike in Syria. U.S. President Barack Obama has said he will seek congressi


Bahrain draws up crisis plan if Syria hit

Bahrain’s government bodies are taking all precautionary measures as part of the kingdom’s emergency plan amidst a possible military strike against Syria, according to a top official. There is no imminent threat to the


Syria strike could cause oil price spike to $130

The possibility of a short-term Nato-led military strike on Syria has intensified concerns over security of oil supply and could cause a spike in range of $120-$130 per barrel, according to a report released by BofA Merrill Lynch.

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