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Iraq

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  • Conflict intensifies in Iraq     Wednesday, 18 Jun 2014 | 1:16 PM ET

    According to the Iraq Oil Report, it's a stalemate when it comes to the Baiji Refinery. CNBC's Michelle Caruso-Cabrera reports the latest in Iraq.

  • GLOBAL MARKETS-Dollar and Wall Street soften ahead of Fed Wednesday, 18 Jun 2014 | 12:53 PM ET

    *Oil tops $114 a barrel on Iraq concerns. NEW YORK, June 18- The dollar dipped and Wall Street equities softened on Wednesday as global markets puzzled over the odds that Federal Reserve Chair Janet Yellen will soon strike a more hawkish tone on monetary policy.

  • *Oil majors pull foreign staff from Iraq. NEW YORK, June 18- Brent crude oil rose past $114 a barrel on Wednesday on worries about exports from Iraq, while U.S. crude dipped as government numbers showed a much smaller draw in domestic stocks than an industry report showed a day earlier.

  • Long gas station lines in Kurdish region     Wednesday, 18 Jun 2014 | 12:24 PM ET

    Drivers in Iraq's northern region are lining up at gas stations. CNBC's Michelle Caruso-Cabrera provides insight.

  • GLOBAL MARKETS-Dollar eases, Wall St mixed ahead of Fed Wednesday, 18 Jun 2014 | 11:29 AM ET

    *Oil nears $114 a barrel on Iraq concerns. NEW YORK, June 18- The dollar dipped and Wall Street equities treaded water on Wednesday as global markets puzzled over the odds Federal Reserve Chair Janet Yellen will soon strike a more hawkish tone on monetary policy.

  • Gen. McCaffrey: Not much US can do     Wednesday, 18 Jun 2014 | 10:37 AM ET

    Iraq is likely to continue to come apart in a sectarian war, says Gen. Barry McCaffrey, discussing the reality on the ground in Iraq and explaining why he thinks the conflict is a long-term threat to the United States. McCaffrey says the ability of the U.S. military to influence events in this conflict is limited.

  • Exxon Mobil Iraq operations threatened?     Wednesday, 18 Jun 2014 | 10:36 AM ET

    Exxon Mobil has declined to comment on reports that they are carrying out mass evacuations in Iraq. CNBC's Michelle Caruso-Cabrera reports the latest on the violence.

  • Iraq: Baiji refinery center of strife     Wednesday, 18 Jun 2014 | 9:16 AM ET

    Sunni militants have attacked Iraq's largest oil refinery, reports CNBC's Michelle Caruso-Cabrera.

  • LONDON, June 18- The price of Brent crude oil rose towards $114 a barrel on Wednesday as Sunni militants pushed forward in northern Iraq, striking the country's biggest refinery and stoking worries about oil exports as some firms pulled foreign oil workers out of the country.

  • ISIS targets Iraq infrastructure     Wednesday, 18 Jun 2014 | 8:00 AM ET

    NBC's Richard Engel reports on the latest round of violence in Iraq as President Obama rules out immediate air strikes and Iran's Rouhani announces his country will not hesitate to protect holy sites in Iraq.

  • Largest refinery in Iraq under attack     Wednesday, 18 Jun 2014 | 7:30 AM ET

    CNBC's Michelle Caruso-Cabrera talks with Dr. Najmaldin Karim, governor of Kirkuk about the recent violence in Iraq and the suggestion of breaking up the country into three parts.

  • NBC's Ayman Mohyeldin reports on the latest round of violence in Iraq as President Obama rules out immediate air strikes and Iran's Rouhani announces his country will not hesitate to protect holy sites in Iraq.

  • Rise in Aegon ensures gains for European equities Wednesday, 18 Jun 2014 | 6:46 AM ET

    *Aegon buoyed by share buyback plan. *Oil prices rise as violence in Iraq continues. LONDON, June 18- European stock markets edged up on Wednesday to go back within reach of multi-year highs reached last week, with insurer Aegon rallying after announcing a share buyback program.

  • Will Isis impact Iraq's oil production?     Wednesday, 18 Jun 2014 | 5:30 AM ET

    Peter Hutton, energy analyst at RBC Capital Markets, discusses the impact the crisis in Iraq will have on oil production and says the propensity for the oil price to break its range upwards "is really quite high."

  • *Sunni militants renew attack on key refinery near Baghdad. LONDON, June 18- Brent crude rose towards $114 a barrel on Wednesday as Sunni militants pushed forward in northern Iraq, striking a key refinery near Baghdad and stoking worries about oil exports from the key producer.

  • *Oil at $120 for 3-4 months to cost an extra $3.3 billion- sources. NEW DELHI, June 18- India's government expects oil prices to rise as high as $120 per barrel for several months because of fighting in Iraq, potentially driving a hole of at least 200 billion rupees in the budget, two government sources told Reuters.

  • Blame politicians for Iraq 'catastrophe': Pro     Wednesday, 18 Jun 2014 | 3:30 AM ET

    Frank Ledwidge, author of "Losing Small Wars", says politicians are to blame for the "strategic catastrophe" in Iraq over the past decade.

  • UPDATE 2-Brent holds above $113 amid Iraq violence Wednesday, 18 Jun 2014 | 3:01 AM ET

    *Foreign oil firms pull staff from Iraq. SINGAPORE, June 18- Brent crude held above $113 per barrel on Wednesday as heavy fighting in Iraq shut the country's biggest refinery and led to the withdrawal of staff by foreign oil firms, stoking worries about exports from the key oil producer.

  • Iran a 'beneficiary' of Iraq crisis: Pro     Wednesday, 18 Jun 2014 | 2:15 AM ET

    Amrita Sen, chief oil analyst at Energy Aspects, says Iran is a potential beneficiary of the violence in Iraq as it could see some sanctions lifted to allow it to ramp up oil production.

  • Brent holds above $113 amid Iraq violence Wednesday, 18 Jun 2014 | 12:10 AM ET

    *Foreign oil firms pull staff from Iraq. SINGAPORE, June 18- Brent crude held above $113 per barrel on Wednesday as heavy fighting in Iraq shut the country's biggest refinery and led to the withdrawal of staff by foreign oil firms, stoking worries about exports from the key oil producer.