The war over there isn't going to end anytime soon, so it might be worth renewing it and using as a news resource.
It's not going to be a big money maker, but if you get a load of news feeds from the BBC, Reuters etc on there and Adsense the site up, it should cover the renewal fees over 2 years with a few quid on top for a few beers, the term has 12,100 exact searches, so ranking for that term could see a small amount of revenue, personally I think it's worth keeping for the sake of £5+