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  • But the radical jihadists have for longer been engulfing another strategically more vital target- Iraq's western Anbar province and its road to Baghdad. Now Anbar's largest airbase Ain al-Asad, the Haditha Dam- a critical piece of infrastructure- and surrounding towns are encircled by Islamic State to the west from the Syrian border and to the east from...

  • *Fighting in Iraq raises political risk. NEW YORK, Oct 17- Oil prices rose slightly on Friday, bouncing from near four-year lows even while marking a fourth straight weekly loss, as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk. "It's corrective," said Andy Lebow at Jefferies LLC.

  • UPDATE 8-Oil bucks downtrend to eek out small gain Friday, 17 Oct 2014 | 3:54 PM ET

    *Fighting in Iraq raises political risk. NEW YORK, Oct 17- Oil prices rose slightly on Friday, bouncing from near four-year lows even while marking a fourth straight weekly loss, as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk. "It's corrective," said Andy Lebow at Jefferies LLC.

  • *Fighting in Iraq raises political risk. NEW YORK, Oct 17- Global crude oil continued to show modest gains on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk. The over-arching downtrend may bring prices to the $70 range by the end of the year, said Tariq Zahir at...

  • *Fighting in Iraq raises political risk. LONDON, Oct 17- Brent crude oil rose above $86 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk. "Prices have likely overshot to the downside," said Jeffrey Currie, head of oil analysis at Goldman Sachs.

  • LONDON, Oct 17- Brent crude rose more than a dollar to above $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold in the short term. "Prices have likely overshot to the downside," said Jeffrey Currie, head of oil analysis at Goldman Sachs. Brent for December was up $1.20 at $87.02 a barrel by 1000 GMT, but was...

  • *Covering of short sales and Middle East risk lend support. LONDON, Oct 17- Brent crude steadied around $86 a barrel on Friday after bouncing from near four-year lows as investors bought back into a market they saw as oversold in the short term. "Prices have likely overshot to the downside," said Jeffrey Currie, head of oil analysis at Goldman Sachs.

  • BAGHDAD/ BEIRUT, Oct 14- A senior Iraqi Kurdish official said on Tuesday that Iraq's Kurdistan Regional Government had provided military assistance to Syrian Kurdish forces battling Islamic State fighters in the town of Kobani. Hamid Darbandi, the KRG official responsible for Syrian Kurdish affairs in Iraq, said: "We helped them in roughly every arena.

  • BAGHDAD, Oct 14- Iraq's Kurdistan Regional Government has provided military aid to Kurdish fighters in the embattled city of Kobani, a senior Iraqi Kurdish official said on Tuesday. "We helped them in roughly every arena. We sent them aid, including military, "said Hamid Darbandi, the KRG official responsible for Syrian Kurdish affairs.

  • Why the US should take PKK off the terror list Thursday, 9 Oct 2014 | 3:44 PM ET
    A picture taken on August 21, 2014 shows women Kurdistan Workers Party (PKK) patrolling on the front line in the Makhmur area, near Mosul, during the ongoing conflict against Islamic State (IS) jihadists.

    Turkey is on the verge of a civil war. The US can help by taking the PKK off the terror list, says former State Dept. adviser David Phillips.

  • Nine terror groups gunning for the United States Tuesday, 7 Oct 2014 | 12:02 PM ET

    ISIS isn't alone: There are many other terrorist organizations whose goal is to create havoc and strike the West, The Fiscal Times reports.

  • Some bullets fired by ISIS were made in Missouri Monday, 6 Oct 2014 | 8:10 AM ET
    A fighter of the Islamic State stands guard near the city of Baiji, north of Baghdad June 19, 2014.

    Ammo being used by ISIS are found to have been manufactured in 21 countries including the US, NBC News reports.

  • NYMEX-Crude falls towards $89 on strong U.S. dollar Sunday, 5 Oct 2014 | 8:59 PM ET

    SINGAPORE Oct 6- U.S. crude futures fell on Monday to continue last week's rout when the benchmark lost more than $2, its steepest weekly fall in a month, amid a strengthening U.S. dollar, upbeat U.S. employment data and undiminished crude supply. *U.S. crude for November delivery was down 15 cents at $89.59 a barrel by 0032 GMT after falling by $1.27 on Friday.

  • Malcolm Jorgensen, Lecturer, Sydney Law School and United States Studies Centre at the University of Sydney, says air strikes have helped to retake strategic areas from ISIS.

  • PENPIX-Who runs the militant group Islamic State? Friday, 3 Oct 2014 | 12:25 PM ET

    BEIRUT, Oct 3- Islamic State, a Sunni Muslim militant group, has seized a third of Syria and large areas of Iraq and this year proclaimed a caliphate across the two countries in the heart of the Middle East. The group, which U.S-led forces are bombing in Iraq and Syria, is made up of thousands of fighters from both countries as well as foreign recruits from around the...

  • Ukraine won't join EU by 2020: Pro     Friday, 3 Oct 2014 | 4:00 AM ET

    Alastair Newton, senior political analyst at Nomura, says it is unlikely that Ukraine will be able to join the European Union by the 2020 timetable due to the continuing turmoil in the country.

  • Australia announces airstrikes against ISIS in Iraq Friday, 3 Oct 2014 | 12:35 AM ET
    Australian Prime Minister Tony Abbott.

    Australian special forces troops will be deployed in Iraq to assist in the fight against Islamic State militants, PM Tony Abbott said on Friday.

  • Australia authorizes air strikes in Iraq     Thursday, 2 Oct 2014 | 10:32 PM ET

    On Friday, Prime Minister Tony Abbott announced that Australia will begin air strike missions against ISIS targets in Iraq.

  • As Kurds regain ground in Iraq, new challenges emerge Thursday, 2 Oct 2014 | 9:37 AM ET

    HASSAN SHAM, Iraq, Oct 2- The changing fortunes of war in northern Iraq are recorded in layers of graffiti daubed on the walls of villages overrun by Islamic State militants this summer, but since re-appropriated by Kurdish peshmerga forces. The Kurds scored a particularly important victory recently, driving Islamic State fighters from the strategic Rabia...

  • *OPEC output highest since November 2012- Reuters. LONDON, Sept 30- OPEC's oil supply jumped to its highest in almost two years in September, a Reuters survey found, due to further recovery in Libya and higher output from Saudi Arabia and other Gulf producers in the face of sub- $100 per barrel oil prices.