Group items tagged

The militants are said to have full control over Iraq's largest oil refinery in Baiji. Though the security forces of Iraq are resisting against these militants but yet the things are under control of these militants. Some believe that more than 75% of Baiji is under militant's control and security forces will have to leave this area too on the mercy of militants.

Crude oil is the backbone of Iraq economy and militants of ISIS under this fact very well. Therefore their strategy is so clear is to occupy the oil refineries of Iraq and cities rich in the oil. After taking the control of Mosul, the ISIS militants surrounded the Baiji, the biggest oil refinery of Iraq. According to recent updates, the militants have taken the control of Baiji and almost 80% of the area is under control of ISIS.

The government of Iraq requested United States of America for air strikes on Sunni Militants marching towards Baghdad. Noor Al Maliki said that these militants are big threat for America and Europe; therefore it is in favor of US to attack these militants. Noor Al Maliki is disappointed with the latest news from all over the country of the control of Islamic Militants over numbers of important cities of Iraq, including one of biggest oil refinery of Iraq in Baiji.

It has been reported that Daash has been trying to get control over the oil fields of Syria and Iraq. Daash already controls about 17% of the area that has oil refineries. According to Turkish department heads; " oil is what helped Daash rise to this position." Iraq got divided into three different parts; Kurdistan, northern Iraq which is controlled by the government in Baghdad and the areas that are under the control of Daash.

Few days ago the investors of Iraqi dinar like me were so tense with the political and law and order situation of Iraq Dinar. Most of us were considering the loss on our investment especially when the militants occupied the Baiji oil refinery of the country.