Politics

‘Geopolitical risk premium’ on oil prices could rise due to Syrian crisis, says Rystad Energy

While Syria is not a major oil producer, it holds huge geopolitical clout in Middle East due to its location and ties with Russia and Iran, according to Rystad Energy

Rebel fighters pose as they hold a Syrian opposition flag inside the Umayyad Mosque after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria.
Rebel fighters pose as they hold a Syrian opposition flag inside the Umayyad Mosque after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria.Photo: REUTERS/SCANPIX
Middle East and South Asia EditorNew Delhi
Published 10 December 2024, 02:23Updated 10 December 2024, 08:00
SyriaOpecBashar Al AssadRussiaIran