Prices Could Hit $150-$200 Per Barrel Without Iraq Oil (Video)
If Iraq’s oil supply goes offline, crude prices could hit $150-$200 a barrel, T. Boone Pickens, founder of BP Capital Management, told CNBC on Friday.
World News
Obama Weighs Military Options in Iraq
The menu of options available to President Barack Obama in Iraq is a familiar one: Share intelligence, give tactical advice, launch airstrikes. But the president’s decision is complicated by the difficult relationship with Baghdad since U.S. troops left, and the amorphous nature of the enemy.
U.S. Quietly Sending Troops to Train Forces in Baltic States
As NATO refocuses on its eastern borders after Russia’s annexation of Crimea, the U.S. is quietly deploying more troops to train special forces in former Soviet bloc states anxious about Moscow’s intentions.
Iran Open to Shared Role with U.S. in Iraq
Shi’te Muslim Iran is so alarmed by Sunni insurgent gains in Iraq that it may be willing to cooperate with Washington in helping Baghdad fight back, a senior Iranian official told Reuters.
New Al Qaeda Group Targets Westerners
Al Qaeda’s ultra-extremist Syrian offshoot known as the Islamic State of Iraq and Levant (ISIL) is stepping up efforts to recruit Americans and other westerners for jihad in Syria and possibly for future domestic terror attacks, according to U.S. officials.
Jihadists Institute Sharia ‘Code of Conduct’ in Captured Cities
The Islamic extremist group that has captured several Iraqi cities and pushed the country into chaos has now begun issuing a “code of conduct” to all residents living in the seized territories, which are now under strict Islamic control.
Iran threatens to resume enrichment if nuclear talks fail
Failure to reach a deal on Iran’s nuclear program would force Tehran to resume uranium enrichment activities, Iran’s Deputy Foreign Minister Abbas Araqchi was quoted as saying on Thursday.
US Drones Strikes Militant Strongholds in Pakistan
The US has resumed its drones program in Pakistan, with two strikes on militant strongholds in the North Waziristan tribal region overnight, the BBC reported.
Islamic Caliphate Established Across Syria, Northern Iraq
The Obama administration’s failure to secure a status-of-forces agreement with the government of Iraq, or to take decisive action in Syria to end that civil war, has provided al-Qaida an opportunity to fulfill its dream of creating an new Islamic Caliphate governed under Sharia law — and it is a direct threat to U.S. national security, according to the Daily Caller.
Obama Administration Released Jihadist Responsible for Current Iraq Crisis in 2009
Abu Bakr al-Baghdadi, the leader of the Islamic State of Iraq and the Levant (ISIS), was released from US custody four years ago, according the UK Telegraph.
State Dept Confirms: Iran Violating Agreement by Shipping Oil to Syria
The State Department confirmed on Wednesday that Iran has been shipping crude oil to Syria for the past several months, behavior that some experts say is in direct violation of the interim nuclear accord signed last year with the Obama administration.
Ukraine minister: 3 tanks crossed border from Russia
Ukraine’s interior minister says that three tanks have crossed into Ukrainian territory from Russia and were attacked by his country’s forces.
Russia on Iraq: ‘We told you so’
As the situation in Iraq begins to looks more and more like a complete state meltdown, Russia has stepped in with a familiar refrain: “We told you so.”
In Extremist’ Rise in Iraq, America’s Legacy in Iraq Being Defined
First Falluja, then Mosul, and now the oil-refinery town of Bayji. The rapid advance of Al Qaeda-inspired militants across the Sunni heartland of northern and western Iraq has been stunning and relentless—and utterly predictable. Here’s a forecast: the bad news is just beginning.
Iran Offers to Cut Plutonium Creation Capability to Reach Deal with West
Iran is “busy redesigning” a planned research reactor to sharply cut its potential output of plutonium – a potential nuclear bomb fuel, a senior Iranian official said in comments that seemed to address a key dispute in negotiations with world powers.
Terrorists “Praise Allah” for Twitter
Jihadists fighting in Syria and Iraq have “thanked Allah” for the existence of Twitter, the social media platform, as a means of advertising their “victories in battle.”
Iraq Sought U.S. Strikes in March and Again in May Against Terrorists
As the Islamic State of Iraq and the Levant (ISIS) threatened Western Iraq, Iraqi Prime Minister Nuri Kamal al-Maliki secretly asked the Obama administration to consider carrying out air strikes against the terrorist organization, according to the New York Times.
Jihadists Seize Saddam Hussein’s Hometown of Tikrit (Video)
Sunni jihadists pushed in a lightening offensive from northern Iraq and seized Saddam Hussein’s hometown of Tikrit, just 80 miles north of Baghdad.
Russia Accused of Breaking Treaty
Russia’s recent missile developments represent a “material breach” of its obligations under the 1987 Intermediate-Range Nuclear Forces (INF) Treaty, a senior House Republican said Wednesday.
Russian Bombers Intercepted by U.S. Fighter Jets within 50 Miles of California Coast
Four Russian strategic bombers triggered U.S. air defense systems while conducting practice bombing runs near Alaska this week, with two of the Tu-95 Bear H aircraft coming within 50 miles of the California coast, the North American Aerospace Defense Command (Norad) confirmed Wednesday.