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

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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