This is how ISIS makes money off of oil in Syria and Iraq

A map showing oil fields in Syria and Iraq.
(Image credit: YouTube.com/BBCNews)

The Islamic State makes millions in illicit oil sales, with most of it sold to civilians within its territory, other rebel groups, and even the Syrian government, but some say there's no way ISIS can be running the entire operation solo.

"How do tens of trucks with Iraqi and Syrian oil leave the area?" Iraqi Oil Ministry spokesman Asim Jihad asked the Los Angeles Times. "Where is this oil going? Who is dealing with it? Daesh cannot alone deal with this large matter. There must be cooperation with other entities." Russia says it knows who is working with ISIS: Turkey. The Russian government made the accusation after one of its warplanes was shot down by Turkey and says it has proof of the collusion; Turkey says this claim is false.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us
Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.