War takes a new turn with British attacks on Isis oil Infrastructure

The Islamic State of Iraq and Syria commonly referred to as Daesh or ISIS is considered the richest terror group in the world. It is estimated that the group is earning around 3 million dollars every week from sales of oil to intermediaries and smugglers. The US and the UK are trying to dismantle the Islamic State’s illicit oil sales network. IS has strongholds in Eastern parts of Syria from where it pumps out crude oil and refines it so that it can be sold into the local markets. The question is why British attacks on Isis oil Infrastructure are necessary ?

British attacks on Isis oil Infrastructure:

War takes a new turn with British attacks on Isis oil Infrastructure

British Intelligence Agents and think tanks state that IS oil is either transported through trucks to Turkey or sold to the Assad regime. The leftover oil is sold to the people who are living in IS territory. This revelation came as Turkey and Russia are engaged in a war of words over the former’s downing of a Russian jet. Russia alleges that Turkey is allowing ISIS oil to be smuggled across its borders.

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Turkey vehemently denies the allegations that it has anything to do with IS oil smuggling. US State Department officials say Daesh only exported a very small volume of its oil through Turkey, and even that has stopped over the past few weeks. The main buyer of Daesh oil is the regime.

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It is of little consequence how and why IS oil is making its way into the market, since the only option available for reducing and cutting its major source of funding is through American and British attacks on ISIS oil. If the coalition succeeds in depriving Daesh of its oil money, it will have only a few options remaining at its disposal to fund its activities. In this context, British attacks on Daesh oil make sense. In fact, it seems, at present, to be the only option left for the coalition. British experts are surprised why attacking ISIS oil infrastructure took so long in coming when they were in the plane sight of everyone.

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The Islamic State or IS or ISIS is an extremist group which is mainly based in Iraq and Syria. The number of people living under its territory spanning over parts of both the countries, is estimated to be around 3 to 5 million. Daesh also controls parts of Libya, Afghanistan and Nigeria through its affiliate groups. Western countries have been bombing Syria and Iraq for the past few months in order to dislodge the terrorist group from its strongholds. British attacks on ISIS oil infrastructure has only recently begun.

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Bill Schroder

Bill Schroder is a Beirut-based correspondent for The World Beast. He has reported from over a dozen countries in the Middle East for such publications. Follow: Tweets by @SchroderBill