Iraq: Iraq's Islamist Insurgency Puts Its Southern Oil in the Spotlight

Aug 4, 2014 | Rania El Gamal, Reuters
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DUBAI, August 4 (Reuters) - Iraq's Sunni Islamist insurgency, crippling further its dream to match the oil power of Saudi Arabia, makes oilfields in the safer south more vital, but even that region has not been completely free from attacks.

Baghdad is struggling to contain the Islamic State militancy which seized some oil facilities when it swept through the northwest in June, emboldening the Kurds in their autonomous northern region to capture the giant Kirkuk oilfields.