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Media: "Islamic state" loses main source of income

10 april 2015 | 11:05

ISIS has lost control over almost all the oil fields in Iraq. 

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ISIS will not be able to export oil anymore
The German Federal Intelligence Service has announced about the loss of the main source of income by "Islamic State" terrorist group.

This has been reported by Sueddeutsche Zeitung.

The loss of control over oil fields in Iraq means the militants will not be able to sell "black gold."

The reason for the loss is military success of Kurdish rebels in northern Iraq and the Iraqi Armed Forces in Tikrit.

Thus, ISIS has lost at least three important oil deposits. Two of them, Himrin and Adzhyn, have been set on fire by the terrorists.

According to experts, what is left to the militants is not enough to compensate for the losses, which is why the militants will be left without a source of income.

Read more: Canada's Air Force inflicts blows on ISIS in Syria

ISIS is believed to be the richest terrorist group, which was able to finance its activities though extortion, theft of art, and oil smuggling.

Earlier, the Washington Post wrote that the "Islamic State" is funded by the former Saddam Hussein's officers.

Source: http://www.sueddeutsche.de/

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