Obama Won’t Rule Out Airstrikes to Help Iraq

June 12 (Bloomberg) -- President Barack Obama speaks about the advance of Islamist militants in Iraq and the outlook for U.S. action in the region. Three years after the U.S. and other members of an international coalition withdrew forces from Iraq, the army of the Shiite-led government is collapsing and Islamic militants are sweeping through northern Iraq, threatening the stability of OPEC’s second-biggest oil producer. Obama speaks following a meeting with Australian Prime Minister Tony Abbott at the White House. (Source: Bloomberg)

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