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
April NFP Lands at 8:30 AM Today — 65K Forecast, a New Fed Chair, and the Dollar at Triple-Bottom SupportApril 2026 NFP forecast 62K–70K vs March 178K. Unemployment expected 4.3%. Fed on hold at 3.50–3.75% with Kevin Warsh as new chair. DXY triple-bottom at $97.69. Trade setup inside.The Apr
Author  TradingKey
11 hours ago
April 2026 NFP forecast 62K–70K vs March 178K. Unemployment expected 4.3%. Fed on hold at 3.50–3.75% with Kevin Warsh as new chair. DXY triple-bottom at $97.69. Trade setup inside.The Apr
placeholder
WTI falls to near $93.50 after Israel, Iran signal an end to hostilitiesWest Texas Intermediate (WTI) oil price loses ground after registering modest gains in the previous day, trading around $93.70 per barrel during the Asian hours on Friday.
Author  FXStreet
21 hours ago
West Texas Intermediate (WTI) oil price loses ground after registering modest gains in the previous day, trading around $93.70 per barrel during the Asian hours on Friday.
placeholder
WTI and Brent Futures Both Fall Below $100 Mark, Have Oil Prices and Energy Sector Peaked?WTI crude oil futures settled at $96.21 per barrel on May 6, plunging 6.3% to close below $100 for the first time in six days, marking the largest single-day decline since March 17. Brent
Author  TradingKey
Yesterday 10: 07
WTI crude oil futures settled at $96.21 per barrel on May 6, plunging 6.3% to close below $100 for the first time in six days, marking the largest single-day decline since March 17. Brent
placeholder
Bitcoin jumps to three-month high as US–Iran talks unwind oil risk premiumGlobal markets moved sharply on Wednesday as signs of progress in US–Iran negotiations triggered a rapid unwind of war-driven positions, dragging oil prices lower while lifting equities and cryptocurrencies. Bitcoin climbed above $81,000, its highest level in three months, while Brent crude fell roughly 11% to around $98 per barrel. The S&P 500 rose 0.85%...
Author  Cryptopolitan
Yesterday 06: 34
Global markets moved sharply on Wednesday as signs of progress in US–Iran negotiations triggered a rapid unwind of war-driven positions, dragging oil prices lower while lifting equities and cryptocurrencies. Bitcoin climbed above $81,000, its highest level in three months, while Brent crude fell roughly 11% to around $98 per barrel. The S&P 500 rose 0.85%...
placeholder
WTI Crude Falls Over 13% Below $90. US and Iran to Reach Truce Memorandum but Crude Supply Difficult to Recover in Short TermBefore the market opened on May 5, international crude oil losses widened, WTI crude oil futures plummeted below $90 at one point, hitting a low of $88.71, the first time since April 21,
Author  TradingKey
Yesterday 06: 16
Before the market opened on May 5, international crude oil losses widened, WTI crude oil futures plummeted below $90 at one point, hitting a low of $88.71, the first time since April 21,
Related Instrument
goTop
quote