Tag: ISIS
Islamic State lost 22% of territory in past 15 months due to declining oil revenues
“The Islamic State is increasingly isolated, and being perceived as in decline.” – IHS report on ISIS A new report says the Islamic State is rapidly losing territory, partly because much of the Islamic fundamentalist group’s oil revenue dried up as a result of US-led Coalition and Russian airstrikes during 2015. According to IHS Inc., between Jan. and Dec. 2015, […]
Iraq oil exports in February fall below expected levels
Iraq oil exports averaged 3.225 million bpd BAGHDAD _ Iraq’s Oil Ministry said Tuesday that crude exports averaged 3.225 million barrels a day in February, far below levels planned to provide the nation with badly needed cash for ongoing military operations against Islamic State extremists. Last month exports grossed about $2.2 billion, based on an […]
US airstrikes on ISIS oil facilities squeeze group’s financial power
ISIS oil facilities mainly in Syria targeted by US military WASHINGTON _ A series of U.S. airstrikes in recent months have destroyed “hundreds of millions” of dollars in Islamic State cash as part of a broader campaign aimed at squeezing the extremist group’s financial power, a U.S. military spokesman said Wednesday. Col. Steve Warren, speaking […]
Yemen pipeline fire sparked by explosion
Yemen pipeline fire in the city of Aden SANAA, Yemen _ A Yemeni government spokesman said a blast hit pipelines connecting oil storage tanks with the refinery in the city of Aden on Friday, causing a huge fire. Naser Shayef, spokesman for the country’s refineries administration, told The Associated Press that the explosion took place […]
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 […]
Connect
Connect with us on the following social media platforms.