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Islamic State makes over $2 million daily in oil sales

Aug 30, 2014 8:34 am By Robert Spencer

ISISoilThat pays for a lot of knives, guns and bombs. We all know that what they do has nothing to do with Islam, but it looks as if these misunderstanders of Islam are going to be around for awhile.

“ISIS makes more than $2 million daily in oil sales,” Al Arabiya, August 28, 2014:

Militants of the Islamic State of Iraq and Syria (ISIS) are making more than $2 million a day by selling crude oil captured from Iraq and Syria in black markets, experts say. ISIS militants have seized a number of oilfields in Iraq and Syria over the past few months, and are now selling crude oil to finance their self-declared “caliphate.”

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Filed Under: Islamic State (aka ISIS, ISIL, Daesh) Tagged With: featured


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Comments

  1. Peter Buckley says

    Aug 30, 2014 at 8:44 am

    A perfect parallel:

    ISIS carries out illegal acts, such as robbing banks, to fund the establishment of an Islamic state:

    http://www.telegraph.co.uk/news/worldnews/middleeast/iraq/10899995/ISIS-half-a-billion-dollar-bank-heist-makes-it-worlds-richest-terror-group.html

    Muhammad robbed from Quraish caravans to fund the establishment of his Islamic state in Medina:

    http://www.thereligionofpeace.com/Muhammad/myths-mu-raid-caravans.htm

  2. gravenimage says

    Aug 30, 2014 at 5:58 pm

    Islamic State makes over $2 million daily in oil sales
    …………………………..

    Is anyone trying to embargo these sales? Is anyone considering bombing the facilities? Suicidal madness…

    Remember when sales from Iraqi oil were supposed to pay for the democratization of that country? *That* never happened—but now many of those same sites are paying for the rise of the new Caliphate…

    Something to think about while gassing up the SUV.

  3. Centurion_Cornelius says

    Aug 31, 2014 at 5:56 am

    Solution:

    Let these oil traders operate under EPA, SEC, DOJ, FCC, pipeline rules and regulations, ObamaCare…and for the COUP DE GRACE..

    sic the IRS on them.

    Woila! finis.

    Oh, wait– that’s what we’re doing to our oil industry…oh, well, forget it.

  4. Uncle Vladdi says

    Aug 31, 2014 at 10:31 pm

    “Black markets” my ASS! Which treasonous governments are buying it?

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