Monday 17 November 2014

Cutting Islamic State oil wealth difficult, RAND scholar says

OIL AND GAS
Cutting Islamic State oil wealth difficult, RAND scholar says
Washington (UPI) Nov 14, 2014 - It's unclear how well non-military means in Iraq and Syria will diminish the revenue base for the Islamic State, a scholar from RAND Corp. testified. Members of the House Committee on Financial Services heard testimony on oil revenue for the Sunni-led terrorism group in control over parts of Iraq and Syria. At the height of its campaign, IS controlled as many as seven oil fields ... more


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