News reports from Qatar say ISIS, which has control over oil fields in Iraq and Syria, will run a $250 million dollar surplus next year. So how is that possible with oil prices falling through the cellar?
Syrians in the Turkish border town of Kobane say they're on the verge of being overrun by ISIS militants. But while American warplanes are coming to their aid, the US is still reluctant to get involved — but may be forced into much wider action that it wants.
ISIS is funding its war by selling oil from the fields it controls in Iraq and Syria, to the tune of millions of dollars. Strangely enough, the enemies it is fighting are some of the main customers. That complicates the US goal of crippling the ISIS war machine.
The U.S. is continuing to move, slowly, toward military strikes on Syria, in response to the use of chemical weapons there earlier this month. But as U.S. officials move forward, some are wondering just was sort of response that might elicit from Syria.
Joshua Landis, director of the Middle Eastern Studies program at the University of Oklahoma tells host Marco Werman that more assertive US intervention in Syria is unlikely to quell the violence there.