Events in Iraq are changing by the hour, now that US combat boots are “on the ground”, expect them to change even faster. For those looking to catch up on the most recent overnight news out of this latest civil war torn country, here is the full update.
- Iraq’s biggest oil refinery shut down, foreign staff evacuated (Reuters)
- Obama Sends Troops to Assist Iraq Embassy, Weighs Strikes (BBG)
- Kurds Grab Fourth-Largest Iraq Oilfield Amid ISIL Advance (BBG)
- Iraqi troops and Sunni rebels battle for control of Tal Afar (FT)
- Brent Drops as Iraqi Forces Slow Insurgent Advance (BBG)
- U.S., Iran Discuss Crisis in Iraq (WSJ)
- ISIS gunmen attacked a prison in the city of Baquba, 34 miles north of Baghdad, killing 43 inmates; Iraq military says it repelled the attack (BBG)
- Obama Courting Iran for Help in Iraq Risks Backlash (BBG)
- Kidnapped Chinese CNPC Employee Rescued in Iraq (Caixin)
- In diplomatic breakthrough, Britain says to re-open Iran embassy (Reuters)
- Iraq produced 3.125mln bbl/d of crude oil in the period from January to May, exported 2.5mln bbl/d in the period January to May while Kirkuk crude output has been 300K bbl/d since March according to the Iraq Govt. (BBG)
- India’s Iranian oil imports have risen 13.5% in May vs. April, above 2mln bbl, yet are down 0.6% in May vs. year ago. (Business Today)
- BP’s CEO Bob Dudley has said their operations in Iraq are so far unaffected by violence, with non-essential production people having left but operations continue. (RTRS)
And of course…
via Zero Hedge http://ift.tt/1oAglKQ Tyler Durden