Vyacheslav Kulagin : "Syria could take Turkey’s place in the oil market "

Due to the escalation of the conflict in Syria, in expert circles expectations have appeared of rising oil prices. However, the director of the Center for Global Energy Markets of the Energy Research Institute of the Russian Academy of Sciences, Vyacheslav Kulagin, believes that a large spike in the oil sector is not expected. According to the analyst, Syria is not a key player in this market, but because of its geographical position that state can compete with Turkey.