USA to impose new sanctions on Russian Federation over support for Syria's Assad

World war 3 Russia UK Syria chemical attack

World war 3 Russia UK Syria chemical attack

Amrita Sen from Energy Aspects said that in spite of Middle Eastern tensions and looming new United States sanctions on Iran, oil had outperformed most expectations this year and may have rallied too far too fast.

The U.S. Ambassador to the United Nations is expected to announce a new round of economic sanctions against Russian Federation for its backing of Syrian President Bashar al Assad's alleged use of chemical weapons.

"The worldwide community will not allow chemical weapons to come back into our everyday life", she said.

While he declared success, the Pentagon said the pummelling of three chemical-related facilities left enough others intact to enable the Assad government to use banned weapons against civilians if it chooses.

Marios Hadjikyriacos, investment analyst at XM, said risk sentiment was "not out of the woods just yet", saying: "Russia has yet to respond to the Syrian strike, while the US Treasury is reportedly preparing to unveil new sanctions against Moscow today".

In an earlier statement following the strikes, Haley said the Donald Trump administration was ready to launch more missiles in case of any further chemical attacks in Syria. This was playing with fire after Russia - Syria's strongest ally - had warned that a missile attack would be met with force by Moscow, raising fears of a straight fight between the U.S. and Russia.

Trump tweeted Sunday that the strike was "perfectly carried out" and that "the only way the Fake News Media could demean was by my use of the term "Mission Accomplished." He added that he knew the media would "seize" on the phrase, but said it should be used often.

President Donald Trump was furious last month when the US announced it would expel 60 Russian diplomats, far less than its Europe allies, although he instructed his aides to "match their numbers" because he didn't want his administration to be perceived as taking the toughest stance on Moscow, the Washington Post reports.

Syria, however, is interpreting the airstrikes as a victory for Assad, arguing that the limited scope of the strikes suggests that Western powers do not intend to challenge his rule.

Haley said the three U.S. goals for accomplishing its mission are making sure chemical weapons are not used in a way that could harm USA national interests, defeating the Islamic State group and having a good vantage point to watch what Iran is doing.

The nighttime assault on Syria was carefully limited to minimize civilian casualties and avoid direct conflict with Russian Federation, but confusion arose over the extent to which Washington warned Moscow in advance.

Britain argued that the strikes were "both right and legal" to alleviate humanitarian suffering from repeated use of toxic gas in attacks in Syria's seven-year war. What happens next, she said, is up to Assad and to his Russian and Iranian allies. The US says it suspects that sarin gas also was used.

In Damascus, Syria's deputy foreign minister, Faisal Mekdad, met inspectors from the global chemical weapons watchdog OPCW for about three hours in the presence of Russian officers and a senior Syrian security official. "Reports show a lot of care was taken not to hit Russian targets, which is a good sign and the market should take heart from that", said Salman Ahmed, chief investment strategist at Lombard Odier investment managers in London.

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