U.S.-led strikes cut ISIS oil revenues by 30 pct: Official

ARA News 

DAMASCUS – A spokesman for the U.S.-led coalition said on Wednesday that the airstrikes against the oil facilities of the radical group of Islamic State (ISIS) have cut the group’s oil revenues by about 30 percent since October. 

United States and allies have recently intensified airstrikes on the oil infrastructure held by the terror group.

Since October, the coalition’s air forces have bombed ISIS’s oil facilities with 65 airstrikes, according to the Baghdad-based spokesman of the U.S.-led coalition Colonel Steve Warren. 

“Those strikes have cut ISIS oil revenues by about 30 percent, and cut their production from 45,000 barrels of oil per day to 34,000 bpd,” Warren said.

“In addition to chipping away at their so-called caliphate, killing their leaders, we’re also hitting them in the pocketbook,” he added. 

The radical group’s revenue from oil production used to reach more than $45 million per month. However, the amount has recently decreased due to the intensified airstrikes. 

Over the last few months, the coalition’s airstrikes have also killed dozens of prominent members of the radical group across Syria and Iraq, beside hitting tactical units and weapons storage centers held by ISIS.

Reporting by: Laila Majdalawi 

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