Oil Prices Rise as Islamists Rebels Take Over Syria ...Middle East

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An alliance of Islamist rebels has taken over Syria, with President Bashar Assad fleeing the country for Russia. Per media reports, world leaders are currently watching the alliance, including an Al-Qaeda affiliate that has been designated as a terrorist group. According to a Reuters report on the regime change in Syria, the event constitutes a major change in the course of Middle Eastern politics as it deprives Russia and Iran of a key ally in the region. Some observers have seen the takeover as a big win for Israel and Turkey. The resurgence…

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