It is no coincidence that ISIS is using the oil fields and pipelines it captured in Iraq and Syria to sell crude oil for the purpose of funding its activities, according to a report in Istanbul’s Daily Sabah, dated July 10, 2014.

In the report, Erdal Tanas Karagöl, economy director at the Ankara-based non-profit SETA Foundation for Political, Economic and Social Research, says the group’s intention is clearly to capture oil resources in order to pay for the creation of its own state in Iraq.

Dr. Fahrettin Sümer, from the American University o...


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