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.