By Anne-Laure Barbosa at Constellis Consulting www.constellis-consulting.com ISIS related violence in the last 48 hours Tal Afar The multi-ethnic and religiously-mixed town of Tal Afar, mostly populated with Sunni Turkmen, reportedly fell to ISIS insurgents early on Monday and is now being hit by Iraqi airstrikes. This development is neither surprising nor significant, as the majority of […]
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Oil Price Surges amid Iraq Turmoil
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Traders will tell you the price of oil is a speculative market based on expectations. Most of Iraq's oil production is from the mega fields in the south, far from any fighting. But […]
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Despite Uprising, Kurdish Oil Exports Rise
By John Lee. Reuters reports that Iraqi Kurdistan is ramping up independent oil exports, with a third tanker of crude scheduled to leave the Turkish port of Ceyhan on 22nd June. The supply of oil through the Kurdistan Regional Government's new pipeline to Turkey has continued uninterrupted, despite the escalating violence in northern Iraq. Speaking […]
UN Responds to Urgent Food Needs
UN World Food Programme Responds to Urgent Needs of Displaced People in Iraq The United Nations World Food Programme (WFP) is launching an initial emergency operation to provide food assistance to 43,500 of the most vulnerable people displaced by conflict this week in Iraq. WFP has deployed emergency and logistics staff to Erbil in the […]
UK to Provide Humanitarian Support
Britain will provide an initial £3 million ($5.1 million) of emergency humanitarian assistance to help civilians fleeing the ISIS advance in Northern Iraq International Development Secretary Justine Greening has activated the UK’s Rapid Response Facility (RRF), which provides emergency support via pre-approved organisations in the event of a humanitarian crisis overseas. It follows an initial […]
Video: Iran Offers Help to US
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Shiite Iran offered Saturday to consider working with longtime foe the United States if it takes the lead in helping push back Sunni Arab militants who have seized a swathe of northern Iraq:
Video: Kirkuk Military Base Wrecked
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Millions of dollars worth of US made equipment has been reduced to wreckage in the Iraqi town of Kirkuk after a rebel led advance on the city. Sunni rebels captured Kirkuk's largest military […]
Video: Iraq Calls For Volunteers
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Nic Robertson reports thousands of Iraqis have volunteered to take up arms against ISIS:
Video: Maliki Behind Sectarian Divide?
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Shia volunteers answer a call to arms after Sunni rebels take over Iraqi cities. Adrian Finighan speaks to Lara Fatah - an Iraqi-Kurdish analyst; Alaa Makki - an Iraqi member of parliament with […]
Dijila Operations Command "Retreats from Kirkuk"
Lieutenant General Jabbar Yawar, Secretary-General of the KRG Ministry of Peshmerga Affairs and the Spokesperson of the Region’s armed forces, stated that Peshmerga forces (pictured) now control Kirkuk city after the Dijila Operations Command retreated from its position. He said, “Peshmerga forces are in control of the majority of the Kurdistan Region outside of KRG […]
And the Winners are? The Kurds
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Checking back through e-mails I am amazed it was only 4 days ago on June 10th I messaged an editor pal of mine that something momentous was happening in Iraq. ISIS had occupied […]
Risky Business in Iraq
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As ISIS prepares to advance on Baghdad and Iraq slips towards civil war, the world's oil corporations are updating plans to evacuate worried staff, from Dohuk in the north to the southern powerhouse […]