ISIS are still making £300MILLION a year from oil despite U.S.-led air strikes…

The Islamic State is still making more than £320million a year from oil despite the U.S.-led bombing campaign that was meant to break up the insurgency.

Figures from oil workers in Syria and Iraq along with Western intelligence estimates suggest up to 40,000 barrels are being produced every day in ISIS-held territory.

This output – which generates around £1million a day in revenue – highlights a stark failure of the year-long coalition air strikes which have repeatedly targeted the group’s refineries and pipelines.

  • tom_billesley

    Where is the market? Is it being laundered by arab states or Turkey?

    • Xavier

      My first thought too.

  • Barry Thornton

    Here is an interesting article showing who supports who and who makes money off all of this……

  • AmicusC

    carpet boom the country and turn it into a sheet of glass.

    • Xavier

      By “country” I assume you mean everything between Morocco and Pakistan, right? Except Israel, of course.

      • AmicusC