ISIL Jihadists smuggle oil out of Iraq

by Kostis Geropoulos

22.08.2014 http://www.neurope.eu/article/isil-jihadists-smuggle-oil-out-iraq

The Iraqi government has said it was troubled by the alleged sale of crude oil from parts of the country under the control of the militant jihadist group, Islamic State.
“The Ministry of Oil is troubled by reports that crude oil from fields currently under the control of ISIL is being smuggled to export markets, generating revenues for this terrorist organization,” it said in a statement on August 20.
Islamic State has taken control over parts of northwestern Iraq. Several companies have pulled non-essential staff out of the area as a security precaution.