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Iraq

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  • 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.

  • SEOUL, June 18- U.S. crude oil futures rose in early Asian trade on Wednesday, as tension in Iraq cast doubt on the OPEC member's oil growth targets and U.S. crude stocks fell more than expected.

  • Is Iraq seeing an Iran-Saudi Arabia proxy war?     Tuesday, 17 Jun 2014 | 7:32 PM ET

    Christian Whiton, Principal at DC International Advisory, says the crisis in Iraq is developing into an "extension of the Syrian civil war" and a "proxy war between Iran and Saudi Arabia."

  • *Iran, world powers to meet in Vienna for nuclear talks. *Britain to reopen Iran embassy in diplomatic breakthrough. NEW YORK, June 17- Brent oil held steady above $113 per barrel and U.S. crude weakened slightly on Tuesday as fears over oil supply disruptions from Iraq offset the possibility of increased supply due to a thawing of relations between Iran and the West.

  • Finding diplomacy in Middle East     Tuesday, 17 Jun 2014 | 3:26 PM ET

    Discussing the prospects of Baghdad falling and if the U.S. will confront militant Sunni groups, with former U.S. Ambassador to Iraq Christopher Hill.

  • Obama to meet Congressional leaders on Iraq     Tuesday, 17 Jun 2014 | 3:24 PM ET

    Amid escalating conflict, CNBC's Michelle Caruso-Cabrera reports President Obama will meet with leaders of Congress to review U.S. options in Iraq.

  • Views from Kurdistan: Iraqi refugees flee fighting Tuesday, 17 Jun 2014 | 2:52 PM ET
    Refugees fleeing Islamic militants arrive at a security checkpoint for a United Nations camp east of Mosul, Iraq, on June 17, 2014.

    CNBC on Tuesday witnessed about 2,000 civilians who had fled to a United Nations camp hastily arranged at Kalak, Iraq.

  • Iran, world powers to meet in Vienna for nuclear talks. *UK to reopen Iran embassy in diplomatic breakthrough. NEW YORK, June 17- Brent oil held steady above $113 per barrel on Tuesday and U.S. crude weakened slightly as fears over oil supply disruptions from Iraq offset thawing relations between Iran and the West.