As fighting continues to surge across northern and central Iraq, global oil markets are responding with concern about the escalating violence.
Oil prices are at their highest levels this year. And while the fighting in Iraq has not been near the county's main oil fields or refineries, investors are concerned that OPEC's second biggest oil producer could see a direct threat to their oil supply.
Financial Times energy editor Guy Chazan joins Here & Now's Jeremy Hobson from London to discuss the impact of the Iraqi conflict on oil prices.
This segment aired on June 13, 2014.