“[ISIS] presents a whole new reality for the region, which just isn’t reflected in the oil market at the moment,” said Daniel Yergin, Vice Chairman of IHS, in an interview with The Telegram. “It’s an increasingly grave situation for most of OPEC and the Middle East. At some point the security issues will start to come back into the price of oil.”

The Islamic State terror group is already in the backyard of OPEC members like Iraq and Libya, and no country is shortsighted enough not to recognize they could be next. Both of mentioned nations ha...


Legal Notice