Tag: Iraqi Oil

Islamic State oil sales: Up to $50M a month, despite US attempt to rein it in

Islamic State oil sales – oil may be priced as low as $10 a barrel BAGHDAD – The Islamic State rakes in up to $50 million a month from selling crude from oilfields under its control in Iraq and Syria, part of a well-run industry that U.S. diplomacy and airstrikes have so far failed to shut down, […]