Low oil price: calm before the storm?
The new Iraq crisis sparked a brief oil shock, but prices have since stabilized. We are told this is due to the North American energy boom—but are prices set to surge again?
The new Iraq crisis sparked a brief oil shock, but prices have since stabilized. We are told this is due to the North American energy boom—but are prices set to surge again?
At the NATO summit called in response to the Ukraine escalation, a particularly hard line is being taken by Canada—now in a race with Russia to claim Arctic oil resources.
In a Pentagon press conference, Gen. Martin Dempsey, chair of the Joint Chiefs of Staff, said that ISIS cannot be defeated unless the US or its partners take them on in Syria.
Obama dispatched 130 new military advisors to Iraqi Kurdistan, but is resisting the Kurdistan government's appeal for more arms to fight ISIS. France has pledged new arms shipments.
The Kurdish Regional Government appeals to Obama for arms to fight ISIS—while Baghdad demands the Kurds return arms seized from its own disintegrating national army.
Iraq's government persuaded a US judge to order the seizure of $100 million of oil in a tanker anchored off Galveston that it claims was illegally pumped in Kurdistan.
Forces both aligned with and against the regimes in Iraq and Syria are mobilizing in both countries to beat back ISIS—Shi'ites, Sufis, Ba'athists and the secular civil resistance.
Development of the Gaza Marine 1 and 2 offshore blocs has been held up by conflict over the Strip and its waters. Is "Protective Edge" aimed at securing them under Israeli control?
Five large non-Western economies are planning a new development bank, but activists say the bank's impact will depend on the ability of the countries' populations to mobilize.
Local campesinos are blockading hundreds of oil and gas wells in Mexico's Tabasco state to demand indemnification for lands impacted by a massive spill and explosion.
As Syrians put their lives on the line to oppose a genocidal regime, Bob Dreyfuss in The Nation calls on the US to back Bashar Assad to beat back ISIS.
Iraq's contested northern city of Kirkuk was taken by Kurdish forces after being abandoned by the army—while the ISIS offensive is halted just 75 miles outside Baghdad.