Oil Prices Rise as Islamists Rebels Take Over Syria

Syria News

Oil Prices Rise as Islamists Rebels Take Over Syria
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Syrian rebels, including an Al-Qaeda affiliate, have taken control of the country, raising concerns about regional stability and oil prices.

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 East ern politics as it deprives Russia and Iran of a key ally in the region.

The situation remains quite uncertain despite hopeful reports from mainstream media suggesting the takeover would bring positive change to Syria and the Middle East. For starters, Israel is already moving in to take over the buffer zone separating the Israeli-occupied Golan Heights and the rest of Syria. The terrorist group designation of Hayat al-Tahrir al-Sham could also be a problem as this situation develops.

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