• 4 minutes US-backed coup in Venezuela not so smooth
  • 7 minutes Why Trump will win the wall fight
  • 11 minutes Oil imports by countries
  • 13 minutes Maduro Asks OPEC For Help Against U.S. Sanctions
  • 3 hours Climate Change: A Summer of Storms and Smog Is Coming
  • 7 hours Itt looks like natural gas may be at its lowest price ever.
  • 57 mins Venezuela: Nicolas Maduro closes border with Brazil
  • 4 hours Teens For Climate: Swedish Student Leader Wins EU Pledge To Spend Billions On Climate
  • 6 hours Tension On The Edge: Pakistan Urges U.N. To Intervene Over Kashmir Tension With India
  • 12 hours North Korea's Kim To Travel To Vietnam By Train, Summit At Government Guesthouse
  • 16 hours Amazon’s Exit Could Scare Off Tech Companies From New York
  • 7 hours students walk out of school in protest of climate change
  • 1 day Washington Eyes Crackdown On OPEC
  • 24 hours Europe Adds Saudi Arabia to Dirty-Money Blacklist
  • 19 hours America’s Shale Boom Keeps Rolling Even as Wildcatters Save Cash
  • 5 hours Mineral rights owners,

Global Energy Advisory 21st October 2016

Politics, Geopolitics & Conflict

• The Iraqi army, with its allies from the Kurdish Peshmerga and the U.S.-led international coalition are preparing to enter Mosul, the last ISIS stronghold in Iraq, and it largest stronghold in the region at this point. The government forces have been reclaiming the territory around the city since Monday, advancing on the city from multiple directions. There are an estimated 5,000 IS militants in Mosul, some of which – the leaders – have managed to escape into Syria. If the Mosul operation ends successfully, it will largely put an end to ISIS’ official presence in Iraq—but this is not a definitive end to ISIS, which will regroup elsewhere.

• In Syria, the Syrian army and its Russian allies are on the verge of their final push into eastern Aleppo. On Thursday, a humanitarian pause was agreed, to let the civilian population evacuate before the armies “cleanse the city”. Around 900 IS members are also expected to also take advantage of the pause and will be escorted to Idlib, around 60 km from Aleppo, according to Iranian media. The Syrian-Russian operation is very likely to heighten the already substantial pressure between Moscow and Washington, especially after the declaration of “cleansing”, which will in all probability result in many civilian deaths as well. ISIS will use human shields to protect their strongholds. A humanitarian crisis is also unavoidable: Around…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin



Oilprice - The No. 1 Source for Oil & Energy News