Syria Crisis Brings Rise In Oil Prices

Brent oil spot prices were rising on Tuesday’s market as analysts and investors became increasingly concerned about the situation in Syria, and the likelihood of military action from the U.S. government in the region. The rise comes after aggressive comments from the Obama administration about the situation in the Middle East.

A White House press conference on the conflict, which took place early this afternoon, set the tone for the government’s reaction to the crisis. White House press secretary Jay Carney said that the administration is not going to take military force off of...