Oil prices fell again on…
Light fundamental changes, but active…
Russia is hoping that it can pressure Saudi Arabia and Qatar to halt the help that they are sending to Syrian rebels fighting against President Bashar al-Assad. Assad’s regime in Syria is Russia’s biggest ally in the Middle East and therefore Russia has been shielding Assad as best it can.
Alexei Pushkov, the head of the Russian foreign affairs committee, said that “boats carrying weapons are being dispatched and they are getting financing too because Saudi Arabia and Qatar are paying salaries to members of the Syrian Free Army. Instead of supporting the armed actions of the opposition, we want them to exert a restraining influence.”
In the face of growing opposition against Assad, Russia have no stated that they will no longer insist on him staying in power, and just want to see peace return the region. Although the US have just accused Russia of supplying weapons to the Syrians, with the latest shipment being delivered in a boat owned by the billionaire Vladimir Lisin.
The US are looking to forge a careful approach to removing Assad and replacing him with someone that both sides of the conflict find acceptable.
Saudi Arabia and Qatar have announced their support of the Syrian rebels due to the fact that Syria’s ally Iran is a Shiite nation, where as they are both ruled by Sunni monarchies.
By. Joao Peixe of Oilprice.com
For the latest oil prices visit our homepage.
Joao is a writer for Oilprice.com