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What ISIS' "Blood Oil" Really Means for Oil Markets
Oil didn't spike after last Friday's massacres in Paris because the chief driver of oil prices has changed.
But that doesn't mean ISIS isn't a player in the global oil market. It certainly is, but its role and impact is more complicated and insidious than the traditional "geopolitical factor."
Oil didn't spike after last Friday's massacres in Paris because the chief driver of oil prices has changed.
But that doesn't mean ISIS isn't a player in the global oil market. It certainly is, but its role and impact is more complicated and insidious than the traditional "geopolitical factor."