Tag: Islamic state
Tanker docks at Libya’s Es Sider port to load first crude cargo in two years
Es Sider one of four ports seized in September by forces loyal to Khalifa Hartar BENGHAZI, Libya, Dec 19 (Reuters) – An oil tanker docked at the east Libyan port of Es Sider on Monday to load the first cargo of crude since the terminal reopened following a two-year closure, port officials said. Es Sider, Libya’s […]
Islamic State caliphate shrinks 16% in 2016 – IHS Markit
Islamic State’s supply of foreign fighters dries up as key territory lost LONDON – Territory controlled by the Islamic State shrunk by 16 percent in the first nine months of 2016, according to new analysis released today by IHS Markit. In 2015, the Islamic State’s caliphate shrunk from 90,800 km2 to 78,000 km2, a net loss […]
Islamic State ‘caliphate’ shrinks 12% in 2016, oil revenues down – IHS
“For groups like the Islamic State, the battle for hearts and minds is just as important, if not more important, than the military confrontation” Territory controlled by the Islamic State shrunk by 12 per cent in the first six months of 2016, according to new analysis released by IHS Inc. In 2015, the Islamic State’s […]
Islamic State’s new taxes, fines indicate worsening financial situation – IHS
New fines since Dec. 2015: Not trimming one’s beard, leaving house door open, repairing or installing satellite dishes LONDON- In response to their worsening financial situation, the Islamic State is continuing to increase, taxes and fines throughout its territory and in some cases introducing new ones. New analysis released by international consultancy IHS Inc. reveals new […]
ISIS turns to selling fish, cars to offset oil losses -report
Coalition airstrikes have reduced ISIS oil income By Stephen Kalin BAGHDAD, April 28 (Reuters) – ISIS earns millions of dollars a month running car dealerships and fish farms in Iraq, making up for lower oil income after its battlefield losses, Iraqi judicial authorities said on Thursday. Security experts once estimated the ultra-radical Islamist group’s […]
Islamic State monthly revenue drops to $56 million, IHS Says
Oil production down to 21,000 barrels per day from 33,000; new taxes on broken satellite dishes, fines for driving on wrong side of road The Islamic State’s monthly revenue has dropped by almost 30 per cent in the last year, according to new analysis released today by IHS Inc. The latest report from the team […]
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, […]
US backed coalition seizes major dam in northern Syria from ISIS
ISIS controlled Tishrin Dam seized by Syria Democratic Forces BEIRUT _ A U.S.-backed coalition of rebels in Syria, including Syrian Kurdish, Arab and Christian groups, has captured a major dam on the Euphrates River in the north from the Islamic State group. The coalition, known as Syria Democratic Forces, seized the Tishrin Dam on Saturday […]
Islamic State monthly revenue totals $80 million – IHS
43% of Islamic State revenue from oil, but Turkish anti-smuggling efforts cutting into illegal sales LONDON, UK – Most of the Islamic State’s funding comes from taxation on economic activity and basic services in areas under its control, according to new analysis released by IHS Inc. Analysis of open source intelligence, including social media, conducted […]
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