A U.S. court on Monday threw out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude oil from a tanker near Texas.» Read More
CNBC's Michelle Caruso-Cabrera reports Sunni militants have captured the town of Tal Afar and ISIS claims it has massacred 1,700 Iraqi recruits.
Former BP CEO John Browne is watching how the crisis in Iraq develops, and its impact on oil prices.
CNBC's Jackie DeAngelis reports on the current price of oil, and where investors think it will move based on geopolitical events.
Retired U.S. Marine Corps General Michael Hagee, shares his opinions on whether it was a mistake for U.S. soldiers to leave Iraq.
American ships have arrived in the Persian Gulf near Iraq over the weekend just in case they're called to join the fighting there, with CNBC's Michelle Caruso-Cabrera.
Jonathan Waghorn of Guinness Global Energy Fund sees a clear path to $150-a-barrel levels for crude oil.
*Violence from Iraq to Kenya fuels profit taking. LONDON, June 16- European stocks edged lower on Monday, adding to last week's retreat, as mounting violence from Iraq to Kenya weighed on travel shares and prompted investors to cash in on recent outperformers.
Dissecting the market play amid geopolitical concerns, and overconfidence in the market, with Dan Greenhaus, BTIG.
The FMHR traders share their view of geopolitics and the trade on energy companies now.
Ben Lando, Iraq Oil Report editor-in-chief, and CNBC's Michelle Caruso-Cabrera, discuss Iraqi oil production and export.
*Higher oil prices due to Iraq could even benefit Gulf. Markets' reaction to the insurgency in Iraq suggest they may finally have succeeded. At the very least, the turmoil in Iraq looks set to widen the Sunni-Shi'ite divide which has poisoned politics across the region.
NBC News' Ayman Mohyeldin reports the Iraqi government is calling on civilians for help in joining militias to try to repel the militants' control.
*Sunni Islamists intensify grip on northern Iraq. NEW YORK, June 16- Crude oil futures pushed higher in choppy trading on Monday as advances by Sunni insurgents in Iraq fueled concerns over a potential disruption to oil exports from the second-largest OPEC producer.
Rep. Ed Royce, (R-Calif.) questions why the U.S. hasn't intervened in Iraq against ISIS with airstrikes yet.
Dissecting the impact of geopolitics on equities, and what's keeping volatility low, with Peter Oppenheimer, Goldman Sachs chief global equity strategist. He looks at the potential next move in gold.
*Violence from Iraq to Kenya fuels profit taking. LONDON, June 16- European stocks edged lower on Monday, adding to last week's retreat as mounting violence from Iraq to Kenya pummelled travel shares and prompted investors to cash in on recent outperformers.
Former CIA Director R. James Woolsey of Woolsey Partners LLC, discusses the implications of potentially using airstrikes against ISIS, and what America's role should be in the crisis in Iraq.
While the vast majority of oil production is in Southern Iraq, CNBC's Michelle Caruso-Cabrera, reports on the oil production in the Northern Iraqi Kurdistan region. Baghdad wants to stay in control of all oil exports.
*Sunni Islamists solidify grip on northern Iraq. LONDON, June 16- Brent crude held above $112 a barrel on Monday after a strong rally last week, as advances by Sunni insurgents in Iraq raised concerns over a potential disruption to oil exports from the second-largest OPEC producer.
Here's how ISIS, the militant group wreaking havoc in Iraq, is believed to have amassed $2 billion in assets. The Guardian reports.