U.S. to continue limited airstrikes against Islamic State

|By:, SA News Editor

President Barack Obama says that the U.S. will continue "limited" airstrikes against Islamic State militants, which have helped Iraqi and Kurdish forces retake the Mosul dam and halted the advance of IS on the city of Erbil.

News of the recaptured dam helped push oil prices down with Brent for October settlement sliding 1.9%, to $101.60 a barrel on the London-based ICE Futures Europe exchange yesterday, resulting in its lowest close since June 26, 2013.