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The Islamic State’s recent global terror campaign including the October 31 downing of a Russian passenger jet that killed 224 and the November 13 shooting attacks in Paris that killed 130 restaurant patrons and concert-goers has increased the urgency for the U.S. to lead a global alliance to defeat the Islamic State and its ideology.
Amid a US-holiday-week-driven illiquid market, crude prices tumbled with WTI falling back to a $77 handle while EU leaders are discussing a price cap on Russian crude oil