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Islamic State oil is going to Assad, some to Turkey, U.S. official says [View all]
https://www.yahoo.com/news/islamic-state-oil-going-assad-turkey-u-official-193507096.htmlIslamic State militants have made more than $500 million trading oil with significant volumes sold to the government of Syrian President Bashar al-Assad and some finding its way to Turkey, a senior U.S. Treasury official said on Thursday....
"ISIL is selling a great deal of oil to the Assad regime," Szubin, acting under secretary for Terrorism and Financial Intelligence with the Treasury, told an audience at Chatham House in London.
"The two are trying to slaughter each other and they are still engaged in millions and millions of dollars of trade," Szubin said of Assad's government and Islamic State, also known as ISIS or ISIL.
The "far greater amount" of Islamic State oil ends up under Assad's control while some is consumed internally in Islamic State-controlled areas. Some ends up in Kurdish regions and some in Turkey, he said.
"ISIL is selling a great deal of oil to the Assad regime," Szubin, acting under secretary for Terrorism and Financial Intelligence with the Treasury, told an audience at Chatham House in London.
"The two are trying to slaughter each other and they are still engaged in millions and millions of dollars of trade," Szubin said of Assad's government and Islamic State, also known as ISIS or ISIL.
The "far greater amount" of Islamic State oil ends up under Assad's control while some is consumed internally in Islamic State-controlled areas. Some ends up in Kurdish regions and some in Turkey, he said.
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