IHS: Islamic State financing war campaign with oil

IHS: Islamic State financing war campaign with oil
Washington (UPI) Oct 21, 2014 - Oil is fueling the war chest for the group calling itself the Islamic State by more than $2 million per day, a study from consultant group IHS said. A report from IHS Energy found IS, known also as the Islamic State in the Levant, is able to finance itself through a black market for oil. "Oil fuels ISIL's war machine, notably including the military vehicles vital to its movements ... morehttp://www.oilgasdaily.com/reports/IHS_Islamic_State_financing_war_campaign_with_oil_999.html