IRAQ

Jihadists Take Iraq’s Baiji Refinery; Shell Delays Majnoon

Iraq’s otherwise resilient oil sector suffered a double blow this week. Islamic State (IS) fighters launched what appears to have been a devastating attack against the Baiji refinery, Iraq’s largest, seizing control of most, if not all, of the sprawling facility in central Iraq, if a videotape of the battle released by the Jihadist group is to be believed. Shell, meanwhile, says it has pushed back full...