Kurdistan Grapples With ISIS Threat; Oil Output Steady For Now

Foreign firms are pulling back “non-essential staff” from Kurdish-controlled areas of northern Iraq, previously seen as a safe-haven from the advance of ISIS Jihadists. The KRG has called on the US to step up “urgent” military assistance.

The Kurdistan Regional Government (KRG) says urgent US military assistance and hardware are needed to stop Islamic militants fighting Kurdish Peshmerga from advancing to the Kurdish capital Erbil.

The KRG’s Ministry of Natural Resources has tried to put a brave face on the latest events despite evacuations by foreign oil companies, insisting operations are normal and production unaffected. Yet even in Iraq’s south, which has been spared the ISIS onslaught, output and exports are stagnant due to creaky infrastructure and the slow moving political process in Baghdad. (CONTINUED - 3912 WORDS)