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  • Iraq's oil exports rising in October despite unrest Friday, 24 Oct 2014 | 6:43 AM ET

    LONDON, Oct 24- Iraq's oil exports from its southern terminals are holding close to a record high in October and Kurdish shipments are climbing, a further sign that fighting has not derailed an expansion of supplies from OPEC's second-largest producer. Four months after an advance by Islamic State into northern Iraq sent oil prices soaring to $115 a barrel, the...

  • WASHINGTON, Oct 23- The Obama administration on Thursday threatened to slap sanctions on anyone buying oil from Islamic State militants in an effort to disrupt what it said was a $1- million- a-day funding source. Islamic State has seized large swaths of Iraq and Syria in a brutal campaign, and could pose a threat to the United States and its allies if it is not...

  • *Dubai's retail investors return to the market. *Dana Gas jumps after collecting some cash in Egypt, Iraq. Dubai's index rose 0.6 percent on the back of lenders Emirates NBD and Dubai Islamic Bank, both of which reported strong profit growth and beat analysts' estimates on Wednesday.

  • US needs to be more proactive on ISIS Wednesday, 22 Oct 2014 | 4:28 PM ET
    President Barack Obama delivers a prime time address from the Cross Hall of the White House on September 10, 2014 in Washington, DC.  Vowing to target the Islamic State with air strikes "wherever they exist".

    The US has only jumped into ISIS battles at the last minute to avert disaster. It's time to get ahead, says David Phillips.

  • Blackwater guards found guilty in Iraq shootings Wednesday, 22 Oct 2014 | 7:17 AM ET

    WASHINGTON— Four former Blackwater security guards were convicted Wednesday in the 2007 shootings of more than 30 Iraqis in Baghdad, an incident that inflamed anti-American sentiment around the globe and was denounced by critics as an illustration of a war gone horribly wrong. The federal jury found Nicholas Slatten guilty of first-degree murder, the most...

  • 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.

  • Oil should stay cheap for at least a few months Monday, 13 Oct 2014 | 4:26 PM ET

    Oil prices should stay at their currently low levels, or drop further, due to a "perfect storm" of risk factors.

  • Why Turkey refuses to intervene in Kobani     Sunday, 12 Oct 2014 | 6:32 PM ET

    Kamran Bokhari, Advisor, Middle Eastern & South Asian Affairs at Stratfor, discusses the heavy fighting in Kobani over the weekend and Turkey's refusal to join coalition-led strikes.

  • 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.