(Reuters) – The United States said it could launch air strikes and act jointly with its arch-enemy Iran to support the Iraqi government, after a rampage by Sunni Islamist insurgents acrossIraq that has torn up traditional alliances in the Middle East. Militants from the Islamic State of Iraq and the Levant have routed Baghdad’s army and seized the north of the country in the past week, threatening to dismember Iraq and unleash all-out sectarian warfare with no regard for national […]
Tag: ISIL
Iraq rebels seize Northwest town in heavy battle
Conflict in Iraq drives oil prices higher
The sudden eruption of an al Qaeda-linked militant insurgency in northern Iraq last week triggered the biggest oil price spike in almost a year, as traders feared a civil war that might also draw in oil-rich neighbors.
