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The Middle East rebels in Syria today blowing up to major oil and gas pipelines located zenger asleep close to Iraq.
Iraq is on track to double its oil production by the end of the decade.
But could be escalating violence spill over the border and what are the implications for Middle Eastern energy security those same Syrian rebels.
All suddenly obtaining advanced anti aircraft weapons from unknown sources.
Threatening an already unstable regime joining us now is Middle East expert in foreign policy and national security senior advisor to Mitt Romney.
Waleed fares Walid thank you for coming back to the show.
We appreciate your time -- -- start with the weapons that we are just looking -- there where do you think they're getting those from.
Well the rebels in Syria aren't getting the weapons wherever they can first of all from the -- of the Syrian army when they.
Capture them but also from other groups in the Middle East including now as with an arm from jihadist those -- of ministers in Libya.
There was a ship that was docking in that Turkish port.
And the weapons -- -- could be militias inside Syria they're buying everywhere they can they're getting the funds from everywhere they can't including from the gulf.
To buy those weapons and and fight the Assad regime what.
Long term implications of that because of course you know that theory is is that the US didn't come in.
And support them when we credits -- now they're turning to other sources who may be our enemies to try and drop the weapons that they need.
Well wind in the rebel force and we need to learn the lessons from Libya within the Syrian rebel force you have.
Secular people you have people by the dissidents from the -- regime -- as.
-- free Syria army but you also have jihadist and sell office and Muslim Brotherhood and some of them are linked to al-Qaeda so the fact that you -- -- Two years in 2011 and 2012 that -- to a -- late.
In dealing with Syria definitely the gonna see the rise of an outlook -- jihadist in -- what ever is the outcome of the of the battle in Syria.
Now the reason why we're talking about this on a show called money is because oil traders are being blaming this conflict in the escalation of this complex.
For driving up oil prices in the region saying that they believed that it will spill over into Iraq which right now is trying to rebuild its oil industry.
What do you think is the likelihood of that.
-- this unfortunately -- those sources are right on target -- the jihadist groups in Syria.
Rebel -- rebel who are now blowing up those pipelines and close.
They've closed the Iraqi Syrian waters eventually gonna have their colleagues inside Iraq the jihadist inside Iraq attacked pipelines and even.
Potentially infrastructure of oil in southern Iraq who have to be very attentive but to do the business community the -- the financial sector.
That there is a war between these jihadist of Syria and Iraq -- -- Potential avoiding Iraq and then Iran may respond to that guess what not this area but in the gulf we -- At a Freddie the time of very dangerous developments in the region yeah I mean if you tell me more about that because that seems like the next logical conclusion is once Iraq is embroiled in this Iran is embroiled in as well.
It's simple receptor one I mean there's those that -- against Iraqi pipeline into Syria.
I'm gonna lead to attacks against Iraqi oil infrastructure inside Iraq -- Iraq is the ally potentially of Iran and Iran's gonna say hate.
The -- you aren't funding those levels in Syria.
Unless some my own terrorists guess where in eastern Libya where most of the Saudi oil is it to buck -- into Kuwait.
We're talking about the very dangerous situation -- economy.
And the next few weeks or months is there anything we can do at this point -- hurt.
Is it almost too late for the US to get involved.
It -- voted for this administration to get involved I hope it would change its policy or we need another at least there's -- it would have a different policy.
These are the al-Qaeda and vis a vis Iran that's what we need to -- -- -- thank you so much for coming -- we appreciate your insight as always.
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