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This map shows the fading fortunes of the Islamic State as it has been beaten back on multiple fronts over the past two years. It's based on data collected by analysts at IHS Markit Conflict Monitor, a service that gathers open-source intelligence on the fighting in Syria and Iraq.

Expand chart

The big picture: The Islamic State is losing ground fast, and a final showdown appears to be on the horizon in Syria's Deir al-Zour region, where analysts at IHS Markit have noted a significant uptick in fighting. Axios' Shannon Vavra has more on that upcoming showdown here.

Mosul: The Islamic State made headlines around the world after capturing Mosul — Iraq's second largest city — in June 2014. Since then, though, it has been beaten back into the city's historic center and seen its numbers dwindle after a months-long offensive. The Department of Defense tells Axios that 96 percent of the city has been reclaimed.

Raqqa: Once considered the capital of the self-proclaimed caliphate, this city is under siege by U.S.-backed forces. However, Human rights groups have raised alarms about the effects of heavy coalition bombing.

Deir al-Zour: With Mosul and Raqqa on the verge of falling, the Islamic State's leaders have withdrawn into this Syrian border region, where they could very likely make their last stand.

Go deeper

Updated 3 hours ago - Politics & Policy

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The state of play: The Senate will now work through votes on a series of amendments that are expected to last overnight into early Saturday morning.

Capitol review panel recommends more police, mobile fencing

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A panel appointed by Congress to review security measures at the Capitol is recommending several changes, including mobile fencing and a bigger Capitol police force, to safeguard the area after a riotous mob breached the building on Jan. 6.

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Texas has thawed out after an Arctic freeze last month threw the state into a power crisis. But the financial turmoil from power grid shock is just starting to take shape.

Why it matters: In total, electricity companies are billions of dollars short on the post-storm payments they now owe to the state's grid operator. There's no clear path for how they will pay — something being watched closely across the country as extreme weather events become more common.