Sunday, June 22, 2014

World News - Iraq

More victories for the militants in Iraq. 4 western towns fall to ISIS today as government troops seem unable to stop the advance. Syria though is taking some action from it's side. Syrian aircraft attacked ISIS positions in eastern Syria inflicting some casualties. At least someone is doing something. I think that if ISIS succeeds in disrupting the flow of oil in some fashion we will see western governments use direct military aid to the government in Iraq. If ISIS is wise, it will do all it can to make sure the flow of oil is not disrupted so that is can consolidate the positions and gains they have achieved. If the current Iraqi government is going to survive it needs to find a way to at least stop ISIS. Since it has not been able to do that yet, I rather doubt that they will. In the end it is all about the oil.

What do you think?