What happened in Damascus in 2024?

People walk, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 9, 2024. REUTERS/Mohamed Azakir Purchase Licensing Rights

Is Syria a threat to oil prices?

The nation occupies a key strategic post in the oil rich Middle East, neighboring regional powers Israel and Turkey. The Assad regime had allied closely with Iran, one of the world’s key oil exporters. The tumult in Syria poses little immediate threat to oil or gasoline prices in the U.S., since Syria plays no meaningful role in global oil supply.

What happened to Suncor Energy in Syria?

** Canada's Suncor Energy Inc suspended its Syria operations in 2011. Its primary asset is the Ebla development located in the Central Syrian Gas Basin covering more than 300,000 acres (approximately 1,251 square kilometres). The gas field was producing 80 million cubic feet of natural gas per day.

Are Syrian rebels preparing to use chemical weapons to depose Assad?

U.S. intelligence agencies are closely monitoring suspected chemical weapons storage sites in Syria, looking for indications that forces loyal to President Bashar al-Assad are preparing to employ them against the collection of rebel groups fighting to depose him, officials said Saturday.

How much oil does Syria produce a day?

** Prior to sanctions, Syria produced some 383,000 barrels per day (bpd) of oil and liquids, according to previous analysis by the U.S. Energy Information Administration (EIA). ** Oil and liquid production fell to 40,000 bpd in 2023, according to separate estimates from the Energy Institute.

Could Syrian refugees return home after the fall of Bashar al-Assad?

But after the fall of Bashar al-Assad, some politicians across the continent have suggested that refugees could return home. As a rebel alliance with a tenuous hold on power struggles to assert control of the fractured country, Israel, Turkey and the United States are trying to influence what Syria will become.