OPEC has agreed to a production cut for the first time since 2008. Oil prices jumped over 8 percent on the news.
Global oil prices fell after the US-led airstrikes in Syria at the weekend, having spiked last week on fears Middle East tensions might escalate. Eyes now turn to how Syria's key sponsors, Russia and Iran, react.
With the "Islamic State" largely defeated, the US has reportedly been looking to form an Arab force to secure northeast Syria. Experts warn the military presence could further complicate an already complex civil war.
The small archipelago Gulf state is surrounded by oil-producing giants, but its own production has been very limited. A more detailed analysis of the find's content, size and extraction viability has begun.
The Saudi crown prince arrives in France to discuss a range of challenges facing the Middle East. The Iran nuclear deal, the Qatar crisis, Lebanon, Syria, Yemen and business are at the top of the agenda.
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