US squeezes IS Cash Flow with New Sanctions

By Elizabeth Hagedorn for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

US squeezes Islamic State's cash flow with new sanctions

The United States and six other countries imposed fresh sanctions today on half a dozen targets accused of helping fund the operations of the Islamic State (IS or ISIS), including by funneling hundreds of thousands of dollars to the group's leaders in Iraq and Syria.

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