Over the past several months, ISIS forces in Iraq have been selling oil from captured refineries on the black market in order to fund their terrorist activities and wreak havoc on the region.
Despite the crisis in Iraq, crude oil prices are down this month near $93 per barrel.
But Money Morning's Global Energy Strategist Dr. Kent Moors says there's one specific "great danger" in the region that could send crude oil prices much higher.
Watch Dr. Moors on CCTV America last night as he also discusses this global turmoil: