Syrian rebels oust Assad, seize control of Damascus on Sunday

Source Fxstreet

Middle East geopolitical tensions mount as the 15-year-long civil war in Syria took a new turn over the weekend after Syrian rebels seized control and ousted the old autocratic leader, President Bashar al-Assad, after seizing control of Damascus on Sunday.

Reuters reported that Russia has given asylum to Bashar al-Assad and his family after the toppling of his government by opposition forces in a lightning offensive.

The United Nations (UN) is set to convene for an emergency closed-door meeting on Monday regarding the situation in Syria.

Top rebel commander Abu Mohammed al-Golani said a "new history was being written" after a "great victory".

Meanwhile, US Secretary of State Antony Blinken said the US has taken note of the statements made by the rebel leaders of Hayat Tahrir Al-Sham (HTS) group, and Washington has called on all actors involved to respect human rights.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Forex Today: Mideast uncertainty keeps USD supported ahead of next batch of US dataHere is what you need to know on Tuesday, August 4:
Author  FXStreet
12 hours ago
Here is what you need to know on Tuesday, August 4:
placeholder
WTI trades with positive bias below mid-$79.00s on Iran uncertainty, supply concernsWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday and looks to build on the overnight bounce following an intraday slump to levels below mid-$77.00s.
Author  FXStreet
21 hours ago
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday and looks to build on the overnight bounce following an intraday slump to levels below mid-$77.00s.
placeholder
Bitcoin Falls Below $63,000; Can US-Iran Negotiations Reverse the Downtrend?Bitcoin fell sharply last week, testing the short-term defense line at $62,000, with the outcome of US-Iran negotiations becoming a key factor.On August 3, Bitcoin ( BTC) extended its rec
Author  TradingKey
Yesterday 08: 59
Bitcoin fell sharply last week, testing the short-term defense line at $62,000, with the outcome of US-Iran negotiations becoming a key factor.On August 3, Bitcoin ( BTC) extended its rec
placeholder
Oil Prices Sink as Much as 7% as Trump Pauses Iran Strikes and Restarts Talks International oil prices plunged during Asian trading hours on Monday. US President Donald Trump announced a suspension of a new round of military action against Iran and plans to restart
Author  TradingKey
Yesterday 06: 21
International oil prices plunged during Asian trading hours on Monday. US President Donald Trump announced a suspension of a new round of military action against Iran and plans to restart
placeholder
US President Donald Trump says Iran talks to begin Monday after canceling attackUS President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
Author  FXStreet
Yesterday 01: 32
US President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
Related Instrument
goTop
quote