Tag: ISIL
ISIS oil revenue dives as it loses Iraqi territory
ISIS oil revenue nearly collapsed By Ahmed Rasheed BAGHDAD, July 28 (Reuters) – Islamic State, pushed off more than half the Iraqi territory it seized in 2014, has suffered a near collapse in revenue from oil smuggling, officials say, forcing it to cut fighters’ pay, levy new taxes and raise fines for breaking its religious […]
ISIS finance: UN adopts resolution aimed at disrupting Daesh’s cash flow
ISIS has made an estimated $500 million from selling oil, extorting and brutalizing people The U.N. Security Council unanimously adopted a resolution Thursday aimed at disrupting revenue that the Islamic State extremist group gets from oil and antiquities sales, ransom payments and other criminal activities, a goal that finance ministers agree will be challenging. The Islamic […]
Suspected Russian airstrikes on Daesh fuel market in Syrian village kill and wound dozens
Daesh using fuel to buy vegetables and fruits BEIRUT _ Airstrikes on a fuel market in a rebel-held village in northern Syria killed and wounded dozens on Tuesday and destroyed several tanker trucks, two Syrian opposition monitoring groups reported. Opposition activists said warplanes also struck a popular market in the northern village of Maskaneh that […]
US led coalition targets ISIS oil facilities controlled in eastern Syria
British Tornado jets struck ISIS oil facilities LONDON _British Tornado jets struck oil fields in eastern Syria on Thursday that help finance the Islamic State group and Germany prepared to send reconnaissance aircraft to the Middle East as coalition forces stepped up efforts to fight the militants. The strikes at the Omar oil field came […]
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