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US avoids direct Russia confrontation with Syria airstrikes, lowering oil price risk
The US' declaration that the overnight missile strikes against Syria would be limited and a "one-time shot" may tamp down some of the risk to oil prices spiking when markets open Monday. • Russia informed of airspace use for missile attack • US officials say attacks 'one-time shot' • Russia seen unlikely to cut oil, gas flows to Europe At the moment, there appears to be no escalation of the conflict with Russian and Iranian forces, after the US and allies the UK and France launched attacks hitting suspected chemical weapons facilities associated with Syrian President Bashar al-Assad. "We do know the operation ... (full story)