Russia said it launched air strikes against Islamic State in Syria on Wednesday after President Vladimir Putin secured his parliament's unanimous backing to intervene to prop up the Kremlin's closest Middle East ally.
Syria's foreign minister said in Moscow on Monday Russia had promised to send political, economic and military aid to his country, where the army is coming under some of the heaviest pressure since the start of the civil war.
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding following its longest losing streak of the year, and commodities advanced after jobless claims unexpectedly decreased. Treasuries fell.
Oil and products did a supply slide as disruption in supply all around the globe seemed to come online all at one time. In Libya, South Sudan, Nigeria and Iraq supply that was slowed or halted is coming back online.