(TRUNEWS) -ISIS continually threatens the western world, and a very important question is being asked; where do they get their funding from?
Middle Eastern affairs expert James Phillips, of the Heritage Foundation, told the Daily Signal, “according to the Iraq Energy Institute, an independent, nonprofit policy organization focused on Iraq’s energy sector, the army of radical Islamists controls production of 30,000 barrels of oil a day in Iraq and 50,000 barrels in Syria.”
“By selling the oil on the black market at a discounted price of $40 per barrel (compared to about $93 per barrel in the free market), ISIS takes in $3.2 million a day,” he said.
ISIS funds itself primarily through the sale of crude oil harvested from Iraq and Syria. That is nothing new. What is new however, is the allegation of how they been exporting the crude oil to the open market for refinement and sale.
A ZeroHedge writer posed a question: “Who is the commodity trader breaching every known law of funding terrorism when buying ISIS crude, almost certainly with the tacit approval by various “western alliance” governments, and why is it that these governments have allowed said middleman to continue funding ISIS for as long as it has?”
The Voltaire Network website had an answer to that question in a reported admission from July, which named at least one of those middlemen as Bilal Erdoğan, the son of Turkish President Recep Tayyip Erdoğan.
A spokesman for the Turkish CHP (Socialist party), Gürsel Tekin, also said on the website that ‘crude oil stolen by ISIS is now being exported by BMZ Ltd, in violation of resolution 2170 of the United Nations Security Council.’
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