Iraq's Kurdistan region will sell its oil independently of Baghdad if the national government does not pay the money it owes, the president of the Kurdistan Regional Government told CNBC.» Read More
For oil markets right now, a return of Iranian supply is a bigger worry than geopolitical risks, says Victor Shum, VP at IHS Energy Insight.
Iraq's deputy prime minister Saleh al-Mutlaq, says the U.S. air strikes against ISIS have been "ineffective".
The change from a supply to a demand story in the crude oil market is driven by China, says Alejandro Barbajosa, VP, Crude Middle East & Asia-Pacific at Argus Media.
CNBC's Hadley Gamble asks Masoud Barzani, President of Kurdistan Regional Government (KRG) of Iraq, how worried he is about the future of Iraq amid ISIS' advance.
Majid Jafar, CEO of Crescent Petroleum, says the low oil price has forced Middle Eastern producers to focus on efficiency.
With billions of dollars ready to be invested, King Abdullah II of Jordan, highlights the sectors the country wants to strengthen, such as ICT and renewables.
Jordan is working on several strategic deals to boost its energy sector, including a "big one" with China, King Abdullah II of Jordan tells CNBC.
Bassem Khalil Al-Salem, chairman of Capital Bank, says the main issue for businesses in Iraq is the lack of liquidity, instead of the instability caused by ISIS militants.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up $1.74 to cross the $60 threshold.
Investing in Jordan is "safe" and the environment is "stable" despite the events happening in neighbouring countries, King Abdullah II of Jordan tells CNBC.
Despite geopolitical events in neighbouring countries, it's "business as usual" in Jordan, King Abdullah II of Jordan tells CNBC, adding that the country is investing in its tech sector.
King Adbullah II of Jordan discusses how important it is for his country to focus on its youth so that they have "faith" in the future despite the regional instability.
Jordan's economy faces many challenges - including high numbers of refugees and energy needs - says King Abdullah II of Jordan. But the Kingdom is taking steps to address them.
In a rare one-on-one interview, CNBC's Hadley Gamble talks with King Abdullah of Jordan about the many challenges facing his country, including a large refugee population; exploring alternative energy sources, including electric cars, and why he expects the Baghdad-Amman trade corridor to re-open as early as this summer.
Despite the geopolitical events taking place in the region -such as in Iraq and Syria - Jordan remains stable says King Abdullah II of Jordan. The monarch also discusses investment and trade opportunities for the country.
Refugees from neighbouring countries can be on burden on Jordan's economy says King Abdullah II of Jordan, calling for more help from the international community. He also highlights the risk of a "lost generation".
King Abdullah II of Jordan discusses the resilience of his country's economy and outlines the opportunities in the region that will continue to attract investors.
Andrew Freris, CEO of Ecognosis Advisory, discusses CNBC's interview with King Abdullah II of Jordan who said the country's economy is able to withstand regional instability.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Richard Engel, NBC News reports the Iraqi city of Ramadi is in the hands of terror group ISIS despite months of airstrikes by the Iraqi army.