Iraq/Syria: Oil Smuggling Continues as Turkey Emerges As a Key Player

Sep 19, 2014 | Fareed Rahman, GulfNews
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Abu Dhabi: Turkey is the key player in resolving the issue of cross-border smuggling of oil by the Islamic State of Iraq and Levant (Isil) as the sale continues in black markets, Middle East experts have said.

The militant group which controls a huge swathe of territory in Syria and Iraq has unleashed terror by killing hundreds of people including two American journalists and a British aid worker in recent times. The group is able to generate more than $2 million (Dh7.34 million) per day by selling oil to middle men and brokers based in Southern Turkey, Syria and Kurdistan.