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Wars and Military Conflicts

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  • Federal Reserve meeting and concern about the developing crisis in Iraq. President Barack Obama notified Congress under the War Powers Resolution on Monday that the United States would deploy up to 275 military personnel to provide support and security for U.S. staff in Iraq.

  • SEOUL, June 17- U.S. crude oil futures slipped on Tuesday after a rally triggered by unrest in Iraq lost some steam as OPEC's second-largest producer tightened security around oil infrastructure and oilfields to protect them from insurgents.

  • *Bonds gain on safety bid on Iraq, Ukraine tensions. That erased an earlier safety bid as worries about Iraq intensified on the news that Sunni insurgents seized a city in northwestern Iraq on Sunday after heavy fighting, solidifying their grip on the north after a lightning offensive that threatens to dismember Iraq.

  • *Sunni Islamists strengthen grip on northern Iraq. NEW YORK, June 16- Brent crude oil futures rose on Monday as advances by Sunni insurgents in Iraq fueled concerns over a potential disruption to oil exports from OPEC's second-largest producer.

  • Don’t panic over oil, former BP CEO says Monday, 16 Jun 2014 | 2:45 PM ET
    Lord John Browne, former Chief Executive of British Petroleum.

    The U.S. has done a superb job of bringing on more sources of oil so there are more choices in the market, said former BP CEO John Browne.

  • *Sunni Islamists intensify grip on northern Iraq. NEW YORK, June 16- Brent crude oil futures rose on Monday as advances by Sunni insurgents in Iraq fueled concerns over a potential disruption to oil exports from the second-largest OPEC producer.

  • Debate brews as US mulls airstrikes in Iraq Monday, 16 Jun 2014 | 12:34 PM ET
    Volunteers, who have joined the Iraqi Army to fight against predominantly Sunni militants, carry weapons during a parade in the streets in Baghdad's Sadr city June 14, 2014.

    As rebels continue to create unrest in Iraq, policymakers and observers alike can't agree on what, if anything, the U.S. should do.

  • US may talk Iraq with Iran, but no military action Monday, 16 Jun 2014 | 12:12 PM ET
    Iranian President Hassan Rouhani and President Barack Obama.

    The U.S. may hold discussions with Iran about Iraq's security crisis, but Washington will not coordinate potential military action in Iraq.

  • NEW YORK, June 16- Oil prices rose on Monday after advances by Sunni insurgents in Iraq raised concerns over potential disruption to crude supplies, while the Iraqi violence and renewed tensions in Ukraine drove a shift into safe-haven currencies and bonds.

  • *Bonds gain on safety bid on Iraq, Ukraine tensions. Worries about Iraq were intensifying after Sunni insurgents seized a mainly ethnic Turkmen city in northwestern Iraq on Sunday after heavy fighting, solidifying their grip on the north after a lightning offensive that threatens to dismember Iraq.

  • *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.

  • Tal Afar captured by ISIS     Monday, 16 Jun 2014 | 11:13 AM ET

    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.

  • 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.

  • *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.

  • How ISIS terror group amassed $2B in assets Monday, 16 Jun 2014 | 9:50 AM ET
    This undated file image posted on a militant website on Jan. 4, 2014, which is consistent with other AP reporting, shows Shakir Waheib, a senior member of the al-Qaida breakaway group Islamic State of Iraq and the Levant (ISIL), left, next to a burning police vehicle in Iraq's Anbar Province.

    Here's how ISIS, the militant group wreaking havoc in Iraq, is believed to have amassed $2 billion in assets. The Guardian reports.

  • *Bonds gain safety bid on Iraq, Ukraine tensions. Worries about Iraq were intensifying after Sunni insurgents seized a mainly ethnic Turkmen city in northwestern Iraq on Sunday after heavy fighting, solidifying their grip on the north after a lightning offensive that threatens to dismember Iraq.

  • Tensions rise in Iraq     Monday, 16 Jun 2014 | 9:09 AM ET

    Another city has been taken by militant insurgents, reports CNBC's Michelle Caruso-Cabrera.

  • Oil impact: Long & short term     Monday, 16 Jun 2014 | 8:32 AM ET

    Helima Croft, Barclays managing director, explains how oil disruption in Iraq will likely impact oil prices and oil producers.

  • How should US respond to crisis in Iraq?     Monday, 16 Jun 2014 | 8:11 AM ET

    Peter Mansoor, retired Colonel, U.S. Army, explains why he thinks the U.S. should not support Iraqi Prime Minister Nouri al-Maliki. He is the one who created this situation in the first place, says Mansoor.