Iraq Oil Report's Daily Brief compiles the most important news and analysis about Iraq from around the web.

ISIS’ brutal past, shrinking present, and uncertain future

AP and CBS News report:

The Islamic State of Iraq and Syria (ISIS), responsible for some of the worst atrocities perpetrated against civilians in recent history, is on the verge of collapse.

After brutalizing residents living under its command for more than three years, the militants have now lost their self-proclaimed capital of Raqqa and are battling to hang on to relatively small pockets of territory in Iraq and Syria, besieged by local forces from all sides. Few, however, expect ISIS to completely go away, or for the bloodshed in the two countries and the region to end quickly.

Here's a look at the rise and fall of the Sunni Muslim extremist group's "caliphate," and what to expect next.

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