Islamic State revenues hit by lost Iraqi oil fields: report , AsiaOne World News

April 10, 2015 7:25 PM

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Islamic State revenues hit by lost Iraqi oil fields: report , AsiaOne World News

April 8 - The Islamic State group has lost control of "at least three large oil fields" in Iraq, depriving the jihadists of a crucial source of income, a German newspaper report said Thursday.

In the face of a large-scale Iraqi counteroffensive, the extremist group now controls just a single oil field in the country, the Sueddeutsche Zeitung said in its Thursday edition, citing the BND federal intelligence services.

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