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Former Deputy Assistant Secretary of Defense KT McFarland and Barclays commodities research director Helima Croft weigh in on oil and the Middle East.
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-- other news the large for you this hour format former UN Secretary General Kofi Annan's stepping down.
As the UN's envoy to Syria at the end of this month.
Meantime President Obama authorizing secret US support to rebels and that contrary.
What does all that mean for the stability of the entire region let's bring in KT McFarland former deputy assistant secretary of defense and -- croft.
Director of commodities research.
At Barclays KT to you first what does support mean and what and in terms of Syria talk about.
Potential for.
Act at MSC important -- -- the president did is he signed a piece of paper.
-- that we could give Covert assistance to Syria to the rebels now who are the rebels and what kind of assistance.
We so far been giving humanitarian assistance and logistics communications surveillance not military equipment not military training.
Now who are the rebels and that's the big question they range from everything we know al-Qaeda as part of the rebels.
All the way over to roaming Liberal Democrats who do not think of the rebels as George Washington and the revolutionary army -- of disparate group.
It's not to say that Syria is ruled by a good guy a Sonos.
But the question is what have.
-- -- And -- also the question is Selena what happens to oil because Syria is not a major oil producer but then you turn to Iraq and it becomes a major concern it's the big story -- Iraq that's Tories see potential collateral damage and -- the oil markets.
And you know Iraqi production has been growing very rapidly -- -- producing more than Iraq at this moment it's help us absorb their Ronnie and sanctions.
Well we've seen -- the spike in violence in Iraq.
The al-Qaeda -- to carry it off have linked it to events in Syria essentially talking about one feeder of battle.
Into the -- CD stabilization in Iraq.
Coming because of Syria has big implications would allow markets.
No more house can you add to much conventional crude into the market the next six to seven years as Iraq what if killing them might get final thoughts about the would you would what would you want to see in terms of US action to take care of Syria and stabilize -- let me take into the oil market what we want of course you want -- -- content humanitarian perspective.
From the oil market we wanna make sure that we don't have al-Qaeda operatives causing more trouble in places like Iraq how -- -- handle it -- The problem is that it won't just stand around in Syria considers Syria even after -- -- is likely to have a multi party civil war.
Where they all start killing each other where they settle scores more people died.
The worry is that that -- spills out over the border back into Iraq what about the into Lebanon and -- and for the American point of view in addition of the oil if the chemical weapons we wanna make sure that whatever happens next in Syria.
We know where those chemical weapons are we do not let them hand fall into the hands of bad guys on any side.
To our best guess hallway is Helene croft and it didn't think he's about my well not so nice and I didn't say ladies because its irrelevance.
But the other one men and women you just terrific yes thank you.
