This is part of what I wrote on 3/9/2015
"We have a caliphate of extremists occupying large swaths of Iraq and Syria and just recently unconfirmed reports out of the Israeli media that Russian forces have been deployed in Syria to support the Assad regime fighting ISIS."
https://www.rt.com/news/314010-syria-russia-planes-isis/
It seems as if this has now been confirmed by US officials almost 2 weeks later.
http://www.independent.co.uk/news/w...field-according-to-us-officials-10501103.html
As I said in my original post I don't think the oil futures markets are factoring in the risks in the middle east. A US sponsored Saudi war on Iranian Shiite proxy forces operating in Yemen and now US and allied forces who oppose the Assad regime bombing ISIS extremists from Iraqi soil with Russia now building air capabilities to help bomb ISIS from the Iranian sponsored Assad regime strong hold of Latakia.
These Cooper basin oil trades will be like taking candy from babies IMHO.
Eshmun
