John Kilduff, Founding Partner; CNBC Analyst, Again Capital, says rumors of ISIS on the move and a threat to Kirkuk in Iraq pushed oil higher on the day. If the rumors prove to be false, he says, oil will fall back.» Read More
As the Islamic State of Iraq and al-Sham (ISIS) gain ground, how uncertain should investors be about the direction of oil prices, with Howard Ward, Gabelli Growth Fund. Ward shares his top energy plays.
Sen. Ron Johnson (R-Wis.), says America's role in Iraq is to "stabilize" the region. Johnson says it is President Obama's responsibility to inform Americans of the situation.
Discussing the biggest concerns for oil exports from Iraq, and where the price of oil could move as the Islamic State of Iraq and al-Sham (ISIS) gain ground, with Matt Smith, Schneider Electric.
Former National Counterterrorism Center director and NBC News terrorism expert Michael Leiter, and U.S. Army retired colonel Jack Jacobs, discuss the danger facing Iraq, and their opinions on what the role of the U.S. should be.
CNBC's Michelle Caruso-Cabrera provides insight to fresh video of the Islamic State of Iraq and al-Sham (ISIS).
Financial Times correspondent in the Levant region Erika Solomon, reports many refugees are flowing both ways in and out of the Iraqi city of Mosul. Soloman says people are saying the situation in Mosul right now is relatively calm, but they're worried about airstrikes.
Iraq has become an important swing player with big promise in the global energy market, and the widening conflict there has oil experts worried.
Discussing the likelihood of Iraqi Kurdistan becoming independent, and what the Iraqis need from the White House, with Douglas Ollivant, New America Foundation. "What the Iraqis really want is F-16, F-15 strikes that can really destroy these insurgents in detail," he explains, "but this would risk a U.S. pilot getting on the ground in Iraq."
CNBC's Michelle Caruso-Cabrera provides an update on the fighting in Iraq, and just how close the rebels are to where oil production takes place. The Kurdistan region wants to be independent, and have wanted to export their own oil for a long time, Caruso-Cabrera explains.
Shiite Iran is so alarmed by Sunni insurgent gains in Iraq that it may be willing to cooperate with Washington.
Bayan Sami Abdul Rahman, high representative to the U.K. for the Kurdistan Regional Government, says Kurdish troops are not entering disputed regions with Iraq to claim independence.
CNBC's Yousef Gamal El-Din discusses the latest developments in Iraq as U.S President Barack Obama said the government is weighing "all options" to fight the militants.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, says a "severe escalation" of the violence in Iraq could see oil prices push above $120 a barrel.
Jamie Ingram, Middle East analyst at IHS Country Risk, comments on the situation in Iraq and on how the U.S. could choose to intervene.
Amrita Sen, chief oil analyst at Energy Aspects, says the oil price rally is due to the fear of reduced production in Iraq rather than an actual loss of production.
Arjuna Mahendran, CIO of Emirates National Bank of Dubai, explains why the push southward by Sunni militants in Iraq will face obstacles.
The unrest in Iraq is largely a "political problem", stemming from Prime Minister Nouri al-Maliki's iron fist rule, says Firas Maksad, Managing Director at Global Policy Advisors.
James Rickards, Senior Managing Director at Tangent Capital, explains why unrest in Iraq has the potential to escalate into a regional conflict and discusses how that will impact oil prices.
Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas, says the oil price may tick higher but there is no reason for it to "rocket" due to tensions in Iraq.
Stephen Davies, CEO of Javelin Wealth Management, says the violence in Iraq is geopolitical in nature and won't pose dire economic repercussions.