I suspect Iran might grab the whole thing. After all, it would guarantee the safety of those oil-producing areas that were just handed over to China without even a careless thought.
Might not be a bad thing. Iran, as bad as it is, is a bit more rational.
Think Communist Vietnam in 78 moving into Cambodia to depose Pol Pot.
Oh, just so you know, VJ is running things right now.
What with Obama specifically omitting Christians when voicing concern for the Yazidis and also saying, “we are not going to be the Kurd’s Air Force” he is giving IS a green light elsewhere. I think that Iran has no desire for anything beyond a holding action against IS in the south and east Shiite and oil areas. I’d be getting out of Bagdad just about now.