The head of Rosneft floated the idea of an output cut by oil-producing countries to prop up sagging prices but fell short of saying whether Moscow take part.» Read More
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.
While the seizure of Iraqi cities by Islamist militants is concerning, it won't derail global financial markets, says Robert Pavlik, Chief Market Strategist at Banyan Partners.
Dennis Gartman of the Gartman Letter discusses the impact geopolitical issues will have on oil and gas in the short and long term.
CNBC.com Managing Editor Allen Wastler reports the Republicans' criticism of President Obama's leadership; Art Cashin's comments on Iraq and new safety products for schools are the hottest topics among CNBC.com readers.
As tensions in Iraq heighten, James Jeffrey, former U.S. Ambassador to Iraq, says the Iranians will not be able to take the ISIS on without U.S. air power.
CNBC's Eamon Javers provides insight to President Obama's openness to military action in Iraq.
Discussing how the escalating situation in Iraq is causing disruption in the U.S. market, with Keith Bliss, Cuttone & Company senior vice president.
Ayham Kamel, Eurasia Group, and Ilan Berman, American Foreign Policy Council, discuss how the U.S will respond to the tensions in Iraq and if the crisis could lead to a state collapse.
NBC's Jim Miklaszewski reports senior military officials say there is no active plan for U.S. air strikes in Iraq due to a lack of "vital" intelligence.
Sectarian violence in Iraq sent oil skyrocketing, propelling Brent and West Texas Intermediate up two percent.
CNBC's Jane Wells reports on how the situation in Iraq is impacting the U.S. defense sector.
Discussing how the U.S. should respond to the situation in Iraq, with Burdin Hickok, former U.S. diplomat in Kirkuk, and Bobby Ghosh, Time International Editor.
CNBC's Jackie DeAngelis reports Brent crude has jumped 2 percent on the geopolitical situation in Iraq.
CNBC's Michelle Caruso-Cabrera reports the ISIS group is on a massive offensive and nearing Baghdad.
Gen. Barry McCaffrey, discusses what options the U.S. military has in assisting the Iraqi government. McCaffrey says this is a mess and we're not likely to influence it with military power.