(FT) Isis Inc: how oil fuels the jihadi terrorists

Oil is the black gold that funds Isis’ black flag ”” it fuels its war machine, provides electricity and gives the fanatical jihadis critical leverage against their neighbours.
But more than a year after US President Barack Obama launched an international coalition to fight Isis, the bustling trade at al-Omar and at least eight other fields has come to symbolise the dilemma the campaign faces: how to bring down the “caliphate” without destabilising the life of the estimated 10m civilians in areas under Isis control, and punishing the west’s allies?
The resilience of Isis, and the weakness of the US-led campaign, have given Russia a pretext to launch its own, bold intervention in Syria.

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