OPEC will be able to handle the extra oil expected to come from Iran, Iraq and Libya, OPEC's secretary-general said at Chatham House, insisting the group would collectively head off any oversupply.
Speaking at Chatham House, UK Energy Minister Michael Fallon warned on Monday that uncertainty over the outcome of the referendum on Scottish independence was already hitting investment in the North Sea. 'There is a risk that investment we're trying to encourage will now be paused', he said.
'What they're asking for in return is for Assad to agree to step down, and of course he is not under any pressure to step down. It's already said that there will be no military intervention. It cannot really bluff. There's no threat coming to the regime. That is part of the difficulty,' said Nadim Shehadi.
A compromise is urgently needed, one that would bring all the country's warring factions and rival agencies together to avert further violence, writes Duncan McCargo.
Writing in The Independent, James Sherr thinks Klitschko is a real contender to be the next leader and offer a political solution to the crisis. However he also thinks things are going to get worse before they get better.
'It's an awful juxtaposition. Partially, it's a reflection of what has led us to this position in the first place, the fact that internal elite fighting within South Sudan has enabled a violent conflict to spread. It's certainly time to start thinking about South Sudanese and the country of South Sudan,' said Ahmed Soliman.