Jews for Justice for Palestinians, December 4th, 2015
Israel buys most oil smuggled from ISIS territory – report
Israel has become the main buyer for oil from ISIS controlled territory, reports “al-Araby al-Jadeed.”
By Globes correspondent
November 30,2015
Kurdish and Turkish smugglers are transporting oil from ISIS controlled territory in Syria and Iraq and selling it to Israel, according to several reports in the Arab and Russian media. An estimated 20,000-40,000 barrels of oil are produced daily in ISIS controlled territory generating $1-1.5 million daily profit for the terrorist organization.
[...] In August, the “Financial Times” reported that Israel obtained 75% of its oil supplies from Iraqi Kurdistan. More than a third of such exports go through the port of Ceyhan, which the FT describe as a “potential gateway for ISIS-smuggled crude.”
“Israel has in one way or another become the main marketer of ISIS oil. Without them, most ISIS-produced oil would have remained going between Iraq, Syria and Turkey. Even the three companies would not receive the oil if they did not have a buyer in Israel,” an industry official told the newspaper “al-Araby al-Jadeed.”