CNBC's Hadley Gamble discusses the challenges in defeating Islamic State militants due to the mistrust of the U.S. from Middle Eastern countries.» Read More
*Paris conference supports military action in Iraq, no mention of Syria. PARIS/ DUBAI, Sept 15- Iran's supreme leader said on Monday he had personally rejected an offer from the United States for talks to fight Islamic State, an apparent blow to Washington's efforts to build a military coalition to fight militants in both Iraq and Syria.
PARIS, Sept 15- World powers backed military measures on Monday to help defeat Islamic State fighters in Iraq, boosting Washington's efforts to set up a coalition, but made no mention of the tougher diplomatic challenge next door in Syria.
*France sends fighter jets for reconnaissance mission over Iraq. PARIS, Sept 15- French President Francois Hollande called on Monday for united international action to tackle the threat from Islamic State militants as he opened a conference on Iraq bringing together members of a U.S.-led coalition.
The Islamic State group has taken over large sections of Syria and Iraq, and controls as many as 11 oil fields in both countries, analysts say. It is selling oil and other goods through generations-old smuggling networks under the noses of some of the same governments it is fighting: Kurdish-controlled northern Iraq, Turkey and Jordan.
*Russia says air strikes would be aggression. BEIRUT, Sept 11- By striking Islamic State in Syria, the United States would be weakening one of President Bashar al-Assad's major enemies. The U.S. strategy for tackling Islamic State in Syria is unlikely to yield quick results.
NBC News Chief Foreign Correspondent Richard Engel reports from Iraq on the threat of ISIS, and the strategy of the U.S. to disarm the terrorist group.
Retired U.S. Army Major General Paul D. Eaton, shares his view of President Obama's strategies against ISIS, and the opportunity for other countries to step up.
Commerce Secretary Penny Pritzker, provides her view on oil production in the U.S., the economy and corporate America.
Former U.S. Deputy Treasury Secretary Robert Kimmitt, weighs in on President Obama's ISIS strategy. Kimmitt says had Obama been prepared to move forces into Syria it would have been easier to put a coalition together.
BAGHDAD/ DUBAI, Sept 11- Sometimes they came pretending to buy things. Months before they took control of the Iraqi city of Mosul in June, Islamic State militants were already busy collecting money to finance their campaign of setting up a 7th century-style caliphate.
Although he stressed he would not put troops in combat roles there, Obama announced that he is sending another 475 service members to Iraq.
Daniel Serwer, Senior Research Professor of Conflict Management at the Johns Hopkins School of Advanced International Studies, outlines his expectations ahead of U.S. President Obama's speech on Wednesday.
While experts differed on what Obama should say, they cautioned against drawing any bright lines for future military involvement.
Most media outlets refer to the violent terrorist group as "ISIS" rather than "ISIL." Some people don't like that.
Retired U.S. Army General Wesley Clark thinks airstrikes are "part of" a successful strategy to disarming terrorist group ISIS.
*Saudi says cuts output, but overall OPEC supply rises. LONDON, Sept 10- Oil dropped to a 17- month low close to $98 a barrel on Wednesday as rising supplies and weak demand helped extend losses into a fifth session, while OPEC lowered the projected demand for its crude and U.S. product stocks jumped.
TEHRAN, Iran— The fighting between Iraqi troops and Islamic State militants will delay even further the planned start of Iranian natural gas exports to neighboring Iraq, Iran's oil minister was quoted as saying Wednesday.
Turkey is in a tough position with ISIS but it is essential to any multilateral coalition against the Islamic State, says David Phillips.
DUBAI, Sept 9- Iraq's new oil minister is a veteran politician who will need to deploy all his experience to resolve disputes over Kurdish oil production and allay foreign investor fears about Islamist militia control in northern oil fields.
As geopolitical tensions around the world ease, commodity prices will see further declines, says Warren Gilman, Chairman & CEO at CEF Holdings.