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Oil prices fall to near $108 as Syria fears ease

The price of oil fell to near $108 a barrel Friday after British lawmakers refused to approve military action against Syria, easing concerns about international intervention in the country's civil war. By early afternoon in Europe, benchmark oil for October delivery was down 77 cents to...

Strike Against Syria Still an Option, US Key Lawmakers say

President Obama has not ruled out a limited strike against Syria, despite rising congressional reluctance and the refusal by Great Britain’s Parliament to be part of a military engagement, administration officials told congressional leaders Thursday. “The officials made clear that the...

Syria pays for Russian weapons to boost ties with Moscow

More than two years into Syria's civil war, President Bashar al-Assad is settling his bills for Russian arms orders through the Russian banking system to try to shore up ties with his most powerful ally, according to a Russian arms industry source. The payments, which have increased in...