by Peter Cooper, Arabian Money:
he security situation in Iraq has taken a dramatic turn for the worse with Al Qaeda offshoot the Islamic State of Iraq and al-Sham now comprising only 10 per cent of a far wider Sunni insurgency, sources on the ground told ArabianMoney today via email.
The main refinery at Beyji has been shutdown, it is presumed though not confirmed due to the Sunni insurgency. There has been panic buying of fuel across the country with long queues forming at gas stations.
Deteriorating situation Western media coverage has been focused on the ISIS as a new terrorist threat and diplomatic efforts to remove personnel from Baghdad. The importance of the wider Sunni insurgency has been missed. Yesterday the loss of Tal Afar was another blow to the government. Sections of the Kirkuk-Ceyhan pipeline run through areas now under the control of the insurgency, threatening up to a million barrels of oil per day.
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