Thursday 31 July 2014
 
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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

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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

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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

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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

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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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