The world's most feared jihadi group, the Islamic State (ISIS), is parlaying its dramatic gains in Iraq into Syria. Already flush with cash and weapons, ISIS stands to receive another, invaluable windfall in Aleppo, Syria's largest city prior to the war. Regime forces there are on the verge of encircling opposition militants. Their success in doing so would benefit ISIS as much as it would Bashar al-Assad, throttling the more moderate rebel enemy both share.
ISIS has effectively shown another way forward: to forget about Damascus and Baghdad for now, forget about the Sykes-Picot borders and create a new political space out of the parts of Syria and Iraq that their capitals do not control--a large and viable political territory with major historic cities, trade routes, oil resources and borders potentially abutting Turkey, Saudi Arabia and Jordan. For now, let's call it Syriaq.