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re: 60 Iraqi battalions unaccounted for or defeated
Posted on 6/23/14 at 11:43 am to Ace Midnight
Posted on 6/23/14 at 11:43 am to Ace Midnight
quote:Doesn't matter who "wins" they will continue to sell the oil.
If they weren't sitting on huge reserves of crude oil, I wouldn't care at all.
2
Posted on 6/23/14 at 11:46 am to LSURussian
quote:
Doesn't matter who "wins" they will continue to sell the oil.
True, but disruptions will cause unpleasant fluctuations in both short-term and mid-term energy costs. Plus a protracted struggle in the immediate area of production can destroy facilities, wells, and other infrastructure causing an interruption in supply, which can greatly increase oil prices over multiple months, perhaps years - the Iran-Iraq War as well as Iraq's invasion of Kuwait are all examples of this.
Posted on 6/23/14 at 12:16 pm to LSURussian
quote:
Doesn't matter who "wins" they will continue to sell the oil.
Demographics and external support all but guarantee that the Capital will hold, but having ISIL in charge of large and strategically important areas of the country does not bode well.
I like to remind people that this is the group that Zawahiri and the rest of AQ's senior leaders disavowed for being too radical in its ideology and too indiscriminate in its tactics.
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