daesh oil

Daesh’s Oil Revenue Dives as it Loses Iraqi Territory

By Ahmed Rasheed BAGHDAD, July 28 – Daesh, pushed off more than half the Iraqi territory it seized in 2014, has suffered a near collapse in revenue from oil smuggling, officials say, forcing it to cut fighters’ pay, levy new taxes and raise fines for breaking its religious code. The jihadist group has lost control of

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Daesh Clashes with Guards Near Libya’s Es Sider Oil Port

BENGHAZI, Libya, Jan 4 – Daesh fighters clashed with a force guarding Libya’s Es Sider oil export terminal on Monday, witnesses reported, and the militants said they had taken a nearby town. The ultra-hardline group, which has taken advantage of years of chaos to grab territory in the Opec member, said in an online statement it

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