The main discussion, so far,has been about the bloodshed in Syria. Syria has been in a civil war since 2011 which has threatened the Middle Eastregion, the world’s energy prices and the global economy. This conflict is confusing and involves many players and origins and this has lit a regional conflagration, fuelling suspiscions. Unlike Tunisia, Egypt, Libya, Syria’s protesters have suffered immediate and sustained belligerence. Early on, the brutality of the Syrian military reduced protests to armed rebellions and more violence. The crux of the crisis is that a vast majority of the population are dissatisfied with the iron fist rule of a minority of 12% masterminded by strongman President Assad.
The situation hasn’t been eased by Sunni and Shi’ite muslims fighting for superiority throughout theMiddle East. Russia is siding with President Assad, a situation that has caused tension in the ongoing G8 Meeting with Canada suggesting that they should opt for a G7 excluding Russia to ratify armament of the rebels.
Syria is a battleground for a conflict between two wealthy energy nations: Russia with its allies and Qatar with its allies. Russia has doubled down on helping Syria in order to try to protect its natural gas monopoly in the European Union. It feels that long-term instability and or change of leadership will threaten its oil and gas monopoly. Qatar, who are funding the rebelling Hizbollah, is a bigtime ally of the United States.
Much as Vladimir Putin’s Kremlin supports the Syrian Government, the other seven G8 members are advocating for ceasefire but mainly for their gain. Overthrowing Al Assad will see Russia lose out in the gas market while the other seven will gain. They are not trying to quash a spill-over, but rather creating an artificial volatile situation to propagate their power and superiority. The rebellion is not a Syrian war, it is a war between the rich protecting their vested interests in the Middle East.
Opinion expressed hereby is that of Chad Bironga with citation from http://oilreports.com.
Bironga is an Economic Analyst and Editor with The Nairobi Digest http://nairobidigest.co.ke