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Mapping World War In Syria & Iraq

Via GEFIRA, For some time now Syria and Iraq have been a place where interests of many players are clashing. The region is being devastated by civil war or a war by proxy, fought by a number of participants, where the borderline between friend and foe is sharp or vague as the case may be. […]


Iraq Oil Revenue Not Enough For Sustainable Development

Authored by Zainab Calcuttawala via OilPrice.com, Oil revenues still are not high enough to allow the Iraqi government to fund the reconstruction of the country, according to Iraqi Prime Minister Haider Al-Abadi. “Oil prices are not at the required level to be used for sustainable development,” state TV quoted al-Abadi as saying during a press […]


The Cost of Endless War Since 9/11

    The Cost of Endless War Since 9/11 Posted with permission and written by Rory Hall, The Daily Coin       If it were just Federal Reserve Notes that were stolen that would be one thing, but the fact of the matter is we have happily handed over our freedom, individual sovereignty and […]


All Of Iraq About To Be Liberated As ISIS Enters The Dustbin Of History

Submitted by Elijah Magnier, Middle East based chief international war correspondent for Al Rai Media Iraqi forces continue to advance on al-Qaem, the last "Islamic State" (ISIS) stronghold in Iraq, which will put the last stone over the terrorist group’s grave and on the so-called “Islamic State Caliphate” that so much occupied the world’s headlines over […]


The 4 Factors Driving Next Year’s Oil Markets

Authored by Stratus Advisors, via OilPrice.com, With earnings season in full swing, we thought it helpful to outline what we are looking for in oil and gas production and refining company statements and earnings calls. Several key topics will dominate oil markets next year, and how companies are thinking about those topics now will likely […]


The 5 Countries That Could Push Oil Prices Up

Authored by Nick Cunningham via OilPrice.com, Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has […]


First Footage Emerges Of Armed Clashes Between Kurdish And Pro-Baghdad Forces Near Kirkuk

Does this mean war yet?  After last month's controversial Kurdistan referendum in northern Iraq, both Baghdad and the Kurdistan Regional Government (KRG) in Erbil vowed to do everything possible to avoid direct military confrontation, even as the Iraq central government took aggressive steps to isolate Kurdistan after the pro-independence "yes" vote. But as many predicted, […]


Iran, Iraq, And Turkey Unite To Block Kurdish Oil Exports

Authored by Zainab Calcuttawala via OilPrice.com, Iraq, Iran, and Turkey are taking a unified stance against Kurdistan’s oil sector after the region elected to seek independence from Baghdad in a referendum in September, according to a new report by Rudaw. “In the case of northern Iraq; Iran, Iraq and Turkey will form a tripartite mechanism and […]


Iran Deploys Tanks To Border With Iraqi Kurdistan

Days before last week's Kurdistan referendum, Iran took steps to isolate and punish the Iraqi Kurdistan region and the government in Erbil (KRG). This included closing Iranian airspace to northern Iraq's two international airports and sending Iran's elite Revolutionary Guard forces to conduct drills along the northwest border with Kurdistan, but in the early hours […]


Iraq Deploys Troops To Kirkuk After Kurdistan “Yes” Vote; Turkey Threatens Blockade

Immediately on the heels of the Iraqi Kurdistan "yes" vote, the Iraqi parliament approved sending troops to the disputed Kirkuk region to prevent the Kurdistan Regional Government (KRG) from taking full control of the oil-rich area. Preliminary official results out Wednesday indicate a 92% vote in favor of Kurdish independence. A written statement produced by Baghdad […]


Euro Tumbles Ahead Of Yellen, Macron Speeches As Stocks Shake Off Korean Crisis

S&P futures are flat after Monday’s drop in the S&P 500 where a rout in Apple weighed on tech companies and tensions with North Korea persist; Asian stocks are modestly lower while Europe has shaken off the Korean crisis and is in the green on the back of a sharp drop in the EURUSD which […]


Turkey, Iraq Threaten “Military Intervention” As Iraqi Kurds Hold Independence Referendum

One day after a “Nightmare Victory” for Angela Merkel in the German elections, which has unleashed a nationalist “earthquake” in the Bundestag, on Monday in another closely watched election, polls opened in Iraq’s Kurdish-run provinces and disputed territories as Iraqi Kurds cast ballots in support for independence from Baghdad in a historic but non-binding and […]


WTI Hits 4-Month Highs Over $51 Amid Kurdish Referendum Concerns

For the third time in 10 days, WTI Crude futures broke above $51 (this time running stops back to its highest level since May) amid growing concerns over the potential reactions to the results of the forthcoming Kurdish independence vote. Positive comments from Russia and OPEC over clearing the global glut helped, but it is […]


Iran Closes Airspace To Iraqi Kurdistan Ahead Of Historic Independence Vote

The diplomatic and economic noose is tightening around Iraqi Kurdistan one day ahead of its historic independence referendum. On Sunday, the Iranian government announced closure of its airspace to northern Iraq's Sulaimani and Erbil Airports, at the request of Iraqi authorities. The Baghdad government has repeatedly threatened military intervention in Iraq's autonomous Kurdish region should […]


“I Think There Will Be War” – Iraqi Kurds Fear Conflict After Referendum

Authored by Tom Westcott via Middle East Eye, Official fears violence after 25 September independence vote, as disputes grow in areas controlled by Kurd forces outside original KRG borders. Fears of fresh conflict in northern Iraq are bubbling to the surface weeks before Iraqi Kurds hold a contentious vote on independence, with warnings of war […]