Members of the Kurdish security forces take part during an intensive security deployment after clashes with militants of the Islamic State, formerly known as the Islamic State in Iraq and the Levant (ISIL), in Jalawla, Diyala province August 12, 2014. After a two-month stand-off along a 1,000-kilometer (630 mile) long front, the Kurds failed their first major test, allowing the Sunni militants who want to redraw the map of the Middle East to grab more towns, oil fields and Iraq's biggest dam. The Kurdish peshmerga, literally "those who confront death", had built up a reputation as fearsome warriors, but in the end they proved no match for the better-armed militants who attacked them with suicidal zeal. Picture taken August 12, 2014. REUTERS/Stringer

Interview

Iraq's Black Market in Oil: How ISIS Makes Its Money

August 18, 2014, Luay Al-Khatteeb

Luay Al-Khatteeb speaks about the impact of ISIS' march through Northern Iraq, and the militant group's control of some oil fields. He explained how they used the oil fields to raise funds, and how it could impact global prices.

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