Syria War Talk Leaves Energy Market Uneasy

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Hira Shahnawaz Akhtar
Published on
Updated on

As concerns over the Syrian political situation escalated, oil prices crept upward over the course of this week. With the United States ready for military intervention in the Muslim nation, the country braces for war and is stocking up on basic necessities. Global commodity prices have soared, with Brent crude touching USD 117.34 on Wednesday. Syria spurs concern in the Middle East “For the first time in two years, options traders are paying more to prepare for a gain in oil prices than a decline as the threat of military action against Syria spurs concern that Middle East exports will…

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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.