Uprootedpalestinians's Blog

Raqqa’s Rockefellers: How Islamic State oil flows to Israel

Oil produced by the Islamic State group finances its bloodlust. But how is it extracted, transported and sold? Who is buying it, and how does it reach Israel? Oil produced from fields under the control of the Islamic State group is at the heart of a new investigation by al-Araby al-Jadeed. The black gold is extracted, transported and sold, providing the armed group with a vital financial lifeline.

But who buys it? Who finances the murderous brutality that has taken over swathes of Iraq and Syria? How does it get from the ground to the petrol tank, and who profits along the way?The Islamic State group uses millions of dollars in oil revenues to expand and manage vast areas under its control, home to around five million civilians.IS sells Iraqi and Syrian oil for a very low price to Kurdish…

View original post 1,604 more words


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s