IS Exports 100 Tankers of Oil Daily

By John Lee.

The Islamic State (IS, ISIS, ISIL) is reported to be exports 100 tankers of crude oil every day from the Hamrin oil fields in southern Kirkuk.

The US has previously warned that IS is using oil as a major source of funds.

An Iraqi army officer, who declined to be identified, told BasNews that IS exports crude oil through local traders, using the road from Hawija to Mosul and then to Syria, adding:

“They sell one barrel for just $10. But the Iraqi Government has not taken any proper steps to stop them, and coalition airstrikes are not preventing them so far”.

IS has had control of about 33 oil fields in Hamrin since last year.

(Source: BasNews)

(Smuggling image via Shutterstock)