As airstrikes damage Islamic State, it seeks ‘money, money and more money’

March 3, 2015 6:49 PM

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The Islamic State might be the best-funded radical Islamist group, perhaps in history, but the coalition air campaign that’s targeting its oil-refining operations and military assets has begun to damage its ability to earn.

And by denying the group additional territorial expansion, the airstrikes have limited the opportunities for it to profit from capturing new infrastructure and banks, according to a recent report by a money-laundering watchdog group, as well as U.S. officials and residents of Islamic State territory...

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