The stock markets of the Middle East breathed a sigh of relief as the US-Russia agreement on Syria's chemical weapons averted a military strike.
chemical weapons
Breaking News
The governments of the United States and Russia came to an agreement to seize the Syrian government's arsenal of chemical weapons within the week.
Dubai's and Abu Dhabi's indices jump in value as Russian intervention on Syrian impasse promise to avert US airstrikes.
Syrian Deputy Foreign Minister Faisal Mikdad had said that world peace and security will be disrupted if US and its allies proceed with their action in response to the August 21 chemical attack.
Due to rising concerns over Syrian geopolitical issues, Asian stocks experience a decline as oil prices rise.
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