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View Full Version : To offset oil losses, Islamic States start selling fish and dealing with cars



Investors Iraq News
07-26-2016, 05:52 PM
To offset oil losses, Islamic States start selling fish and dealing with cars

By running car dealership and fish firms in Iraq, Islamic States earns millions of dollars per month, as stated by Iraqi judicial officer. Security experts once estimated the ultra-radical Islamist group's annual income at $2.9 billion, much of it coming from oil and gas installations in Iraq and Syria. The U.S.-led coalition has targeted Islamic State's financial infrastructure, using air strikes to reduce its ability to extract, refine and transport oil and so forcing fighters to reportedly take signific

Source: IraqDirectory.com (http://69.175.49.51/en/2016/04/29/30577/to-offset-oil-losses-islamic-states-start-selling-fish-and-dealing-with-cars.aspx)

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