Iraq Oil Explorers Evacuate More Staff After Islamist Surge

Oil explorers in Kurdistan halted operations and evacuated more staff as Islamist militants advanced into northern Iraq.

Crude Records Year’s Biggest Weekly Gain on Iraq Unrest

West Texas Intermediate and Brent crudes charted the biggest weekly gains this year as Islamist fighters extended their advance in Iraq, triggering concern of a return to civil war. Futures in New York climbed 4.1 percent this week while they added 4.4 percent in London.