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Russia also leases a naval facility at the Syrian port of Tartu

Moscow also signed a $550 million deal with Syria for combat training jets

value of Russian arms sales to Syria at $162 million per year in both 2009 and 2010

Russia's key policy goal is blocking American efforts to shape the regio

Russia doesn't believe revolutions, wars and regime change bring stability and democracy

It believes humanitarian concerns are often used an excuse for pursuing America's own political and economic interests.

Putin's existential fear for his own survival and the survival of the repressive system that he and al-Assad represent

not only driven by the need to preserve its naval presence in the Mediterranean, secure its energy contracts, or counter the West on 'regime change

al-Assad cannot lose because it means that one day he, Putin, might as well

The West handles the Islamic world the way a monkey handles a grenade," Russian Deputy Prime Minister Dmitry Rogozin tweeted

Russia is a permanent member of the U.N. Security Council. It has the power to veto Security Council resolutions against the Syrian regime and has done so repeatedly over the past two years

religion and strategy.

Islamic Republic has provided technical help such as intelligence, communications and advice on crowd control and weapons as protests in Syria morphed into resistance

The last thing Iran wants now is a Sunni-dominated Syria -- especially as the rebels' main supporters are Iran's Persian Gulf rivals: Qatar and Saudi Arabi

proxy through which Iran can threaten Israel with an arsenal of short-range missiles

Iran counted on Syria as its only Arab ally during its eight-year war with Iraq. Iraq was Sunni-dominate

war between the front of hegemony and the front of resistance

Syrian government is a victim of international plots

Iran says the main objective of this plot is to make the region safer for Israe

Many believe Iran is Washington's greatest threat in the region, especially with its nuclear potential

the Americans will sustain damage like when they interfered in Iraq and Afghanistan

Syria's third-largest importer in 2010, according to data from the European Commission

maintain its financial tie

indicates that China sees Syria as an important trading hub

China has said foreign countries shouldn't meddle in Syria's internal affairs

Rather than siding with either Assad or the opposition and standing aside to 'wait and see,' Beijing is actively betting on both

China said it is firmly opposed to the use of chemical weapons and supports the U.N.'s chemical weapons inspectors.

It also said it wants a political solution for Syri

China is a permanent member of the U.N. Security Council. And like Russia, China has repeatedly blocked sanctions attempts against the Syrian regime

helped make ISIS the world’s richest extremists.

Rebel groups targeted oil resources from the regime in battles often overshadowed by higher-profile fronts in the war — namely in the provinces of Raqqa and Deir Ezzor, where there were refineries and oil fields.

Strapped for cash, the rebels smuggled some of the oil to buyers in Turkey, whose government was one of the Syrian opposition’s main backers, having already opened its borders to activists, fighters, and refugees.

Omar would receive a call from a commander in the Free Syrian Army (FSA), the U.S.-backed rebel coalition, telling him to head to the Syrian side of the border.

If he took in $1,500 in a night, he would give $500 to the FSA commander and another $500 to the Turkish border guards. “You can’t really say that we are smuggling oil, because we take permission from the Turkish side and the Syrian side,” Omar said. “But since it’s under the table, we call it smuggling.”

it controlled Raqqa, and soon after it was battling for control of the rebel-held parts of Deir Ezzor.

It was the worst example of a wartime pillage that has stripped Syria of everything of value, from scrap metal to precious artifacts. “I just want to show the world what they are doing to my country,” he said.

Venezuela is one of the world's largest oil exporters, but thanks to economic mismanagement it was already finding it difficult to pay its way even before the oil price started falling.

Saudi Arabia, the world's largest oil exporter and Opec's most influential member, could support global oil prices by cutting back its own production, but there is little sign it wants to do this.

There could be two reasons - to try to instil some discipline among fellow Opec oil producers, and perhaps to put the US's burgeoning shale oil and gas industry under pressure.

Saudi Arabia needs oil prices to be around $85 in the longer term, it has deep pockets with a reserve fund of some $700bn - so can withstand lower prices for some time.

were to force some higher cost producers

In the 1980s the country did cut production significantly in a bid to boost prices, but it had little effect and it also badly affected the Saudi economy.

Saudi Arabia, Gulf producers such as the United Arab Emirates and Kuwait have also amassed considerable foreign currency reserves, which means that they could run deficits for several years if necessary.

Islamic State, capturing oil wells. It is estimated it is making about $3m a day through black market sales - and undercutting market prices by selling at a significant discount - around $30-60 a barrel.

"The growth of oil production in North America, particularly in the US, has been staggering," says Columbia University's Jason Bordoff.

It has been this growth in US energy production, where gas and oil is extracted from shale formations using hydraulic fracturing or fracking, that has been one of the main drivers of lower oil prices.

"Shale has essentially severed the linkage between geopolitical turmoil in the Middle East, and oil price and equities," says Seth Kleinman, head of energy strategy at Citi.

With Europe's flagging economies characterised by low inflation and weak growth, any benefits of lower prices would be welcomed by beleaguered governments. A 10% fall in oil prices should lead to a 0.1% increase in economic output, say some. In general consumers benefit through lower energy prices, but eventually low oil prices do erode the conditions that brought them about.