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Wars and Military Conflicts

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  • TOKYO, June 16- Japan's Nikkei share average dropped on Monday morning as an insurgency in Iraq kept investors on edge, while chip-related stocks outperformed on Intel Corp's rosy outlook.

  • SEOUL, June 16- U.S. crude oil futures rose to a near nine-month high above $107 a barrel on Monday in Asian trade as an insurgency in Iraq intensifies concerns over a potential disruption to oil exports from the second-largest OPEC producer. On Friday, it rose as high as $107.68 before settling up 38 cents at $106.91 per barrel, the highest level since Sept. 18.

  • TOKYO, June 16- Asian shares got off on the back foot on Monday, as crude extended gains and tested nine-month highs on fears the insurgency in Iraq could worsen and affect oil exports.

  • KIEV/ DONETSK, Ukraine, June 14- Forty-nine Ukrainian military personnel were killed when rebels shot down a cargo plane during the night over the airport of the eastern city of Luhansk, a military spokesman said on Saturday.

  • WASHINGTON, June 13- Two and a half years after President Barack Obama disentangled America from a long, unpopular war in Iraq, his options for helping the Iraqi government stave off a militant onslaught are slim as doubts simmer over whether even punishing air strikes would be effective.

  • Russia sent tanks to Ukraine rebels, US says Friday, 13 Jun 2014 | 5:17 PM ET
    Ukrainian troops from battalion Azov ground men detained at the site of a battle with pro-Russian fighters in Mariupol, eastern Ukraine, Friday, June 13, 2014.

    The State Department confirmed that Russia has sent tanks and other heavy weapons to separatists in Ukraine. NYT reports.

  • *Jihadists push to Baghdad; Obama rules out ground troops. NEW YORK, June 13- Crude oil prices rose to new nine-month highs on Friday as concerns persisted that an insurgency in Iraq could disrupt oil exports from the second-largest OPEC producer.

  • NEW YORK/ LONDON, June 13- The sudden eruption of an al Qaeda- linked militant insurgency in northern Iraq this week triggered the biggest oil price spike in almost a year, as traders feared a civil war that might also draw in oil-rich neighbors.

  • UPDATE 8-Oil climbs amid escalating conflict in Iraq Friday, 13 Jun 2014 | 2:14 PM ET

    *IEA plays down risk of sudden Iraq export hit. NEW YORK, June 13- Oil prices rose to new nine-month highs on Friday as concerns persisted that an insurgency in Iraq could disrupt oil exports from the second-largest OPEC producer.

  • WASHINGTON, June 13- President Barack Obama said on Friday he needs several days to determine how the United States will help Iraq deal with a militant insurgency, but he ruled out sending U.S. troops back into combat and said any intervention would be contingent on Iraqi leaders becoming more involved.

  • Oil demand to jump as Iraq pushes prices higher Friday, 13 Jun 2014 | 1:18 PM ET

    The International Energy Agency report forecasts a jump in global oil demand, which affects both oil and gasoline prices. USA Today reports.

  • WASHINGTON, June 13- President Barack Obama said on Friday he will take several days to review options for how the United States can help Iraq deal with a militant insurgency, saying any action would need significant involvement by Iraq itself.

  • BAGHDAD, June 13- Iraq's most senior Shi'ite Muslim cleric urged followers to take up arms against a full-blown Sunni militant insurgency to topple Shi'ite Prime Minister Nuri al-Maliki, escalating a conflict that threatens civil war and a possible break-up of the country.

  • *IEA plays down risk of sudden Iraq export hit. LONDON, June 13- Brent crude edged further above $113 a barrel on Friday, up about $4 since the start of the week, on concerns that an insurgency in Iraq could trigger civil war and eventually hit oil exports. "The market in general is trying to assess the risks on Iraq.

  • UPDATE 6-Oil higher on escalating fighting in Iraq Friday, 13 Jun 2014 | 9:25 AM ET

    *IEA plays down risk of sudden Iraq export hit. LONDON, June 13- Brent crude oil pared gains but remained above $113 a barrel on Friday on easing concerns that an insurgency in Iraq would trigger a sudden and significant halt in its oil exports. Most of Iraq's current oil exports come from south of Baghdad, still far from the Islamist rebel fighters.

  • ISIS militants steal $450M, advance on Baghdad Friday, 13 Jun 2014 | 8:54 AM ET
    Fighters of the Islamic State of Iraq and the Levant (ISIL) stand guard at a checkpoint in the northern Iraq city of Mosul, June 11, 2014.

    The Sunni fighters, who stole $450 million in a bank heist, were reportedly only about 40 miles from Baghdad on Friday. NBC News reports.

  • *Iraq's most senior cleric urges followers to fight. BAGHDAD, June 13- Iraq's most senior Shi'ite cleric urged his followers to take up arms to defend themselves against a relentless advance by Sunni militants, in a sharp escalation of a conflict which is threatening civil war and the potential break-up of the country.

  • UPDATE 5-Oil edges higher on Iraq insurgency Friday, 13 Jun 2014 | 7:48 AM ET

    *IEA plays down risk of sudden Iraq export hit. LONDON, June 13- Brent crude oil pared gains but remained above $113 a barrel on Friday on easing concerns that an insurgency in Iraq would trigger a sudden and significant halt in its oil exports. "The market in general is trying to assess the risks on Iraq.

  • Iran open to shared role with US in Iraq Friday, 13 Jun 2014 | 5:37 AM ET

    Shiite Iran is so alarmed by Sunni insurgent gains in Iraq that it may be willing to cooperate with Washington.

  • *Separatist rebels control territory in east Ukraine. "At 10:34 a.m. the Ukrainian flag was raised over City Hall in Mariupol," Interior Minister Arsen Avakov wrote on Facebook, less than six hours after the attack began on the city of 500,000, Ukraine's biggest Azov Sea port.