Syria is positioned to become an alternative route for Iraq's crude oil, bypassing the Strait of Hormuz, according to Bloomberg News.

Observed price moves

• Crude oil (CL Nov26)+0.43%10 min after this headline
• Nasdaq 100 fut (NQ Dec26)+0.09%10 min after this headline
• Dow fut (YM Dec26)+0.10%10 min after this headline

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