Oil

  • In 2009, the largest share of oil production was in the Middle East (24 million barrels daily, or 31% of global production). Middle Eastern countries also possess about 40% of the world's natural gas reserves.

  • Article // Jun 20, 2014
    Daniel Serwer
    President Obama's decision to send 300 troops to Iraq to help Prime Minister Nuri al-Maliki's government organize and gain the intelligence needed to fight off a Sunni rebellion spearheaded by the Islamic State in Iraq and Syria (ISIS) is getting decidedly mixed reviews. Some see it as a necessary step, if only to gain a better understanding of what is going on. Others see it as a first step down a slippery slope, which depending on your point of view might be either a good or a bad thing.

Opinion

Analysis