The US should help the Iraqi Kurds oppose the Islamic State, which is overrunning Iraq, says former WH adviser David L. Phillips.
Islamic State fighters seized control of Iraq's biggest dam, an oilfield and three more towns on Sunday.
CNBC's Jackie DeAngelis reports oil prices are losing ground and gasoline futures are down about 8 percent in the last month, the biggest drop this year.
CNBC's Michelle Caruso-Cabrera reports the Kurdish region of Iraq is desperate to sell their own oil so they don't have to be dependent on revenue from Baghdad. A tanker full of one million barrels of crude oil is sitting off the coast of Texas, and the oil comes from Kurdistan.
An oil tanker off the coast of Texas may struggle to unload controversial cargo destined for an unknown U.S. buyer.
CNBC's Michelle Caruso-Cabrera reports Iraq's lawyers demand that oil on a Kurdish tanker near the Port of Galveston be delivered to Iraq.
CNBC's Michelle Caruso-Cabrera reports a tanker carrying crude oil from Iraq's Kurdistan region was cleared by the U.S. Coast Guard to unload in Texas.
U.S. shale has put the country on the same terrain as Saudi Arabia and Russia. In the process, it may turn oil into a safe haven.
Iraq's parliament elected senior Kurdish lawmaker Fouad Masoum as president on Thursday, a long-awaited step in creating a new government.
Simon Gross Hodge, Head of Investment Advisory at LGT Bank Singapore, advises investors to stay invested in stock markets but take up some form of protection amid geopolitical risks.
Global oil prices fell on reports of improving Libyan oil output and are now about 10 percent off the highs reached last month.
Iraq said ISIS seized a stash of uranium. These are scare tactics aimed at getting the U.S. to take action, says former WH adviser David L. Phillips.
ISIS has a legitimate grievance but the wrong tactics, says former White House adviser David L. Phillips.
A growing number of people who've fled Iraq and Syria are actually managing start their own businesses in Jordan.
One would think Iraq's instability would prompt a price spike. Instead, they're about where they were a year ago.
Former U.K. Prime Minister Tony Blair tells NBC that the U.S. was right to send troops to Iraq but extremism in the Middle East is a "long-term" problem.
George Galloway, member of parliament for The Respect Party, says he warned the British government not to invade Iraq but now "nothing can be done" to end the violence in the country.
Anders Fogh Rasmussen, secretary general of NATO, says Turkey is concerned about the violence in Iraq spreading to its borders.
Azlin Ahmad, Editor of Argus Media Limited, says the resolution of Libya's oil crisis has quelled the supply fears brought about by the instability in Iraq.
Oil and gas prices are the highest they have been on the 4th of July in six years. Former CEO of Gulf Oil Joe Petrowski, looks at factors behind rising gas prices and weighs in on the export of crude oil.