Will Oil Make or Break the Islamic State?

Sep 18, 2014 | Gatestone Institute
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Now, with the Islamic State's self-proclaimed caliphate having captured key oil wells in the Middle East this year, foreign oil has become an even more lethal financial weapon-of-choice for those seeking to destroy democracy and further escalate the War on Terror.

That President Barack Obama failed even to mention oil as a critical factor in the war against IS during his speech to the nation on September 10, is an omission both revealing and dangerous in terms of how his administration wants to depict the stakes involved in this latest confrontation with the jihadis.