A Look At The Ongoing Economic War Against The Islamic State

Washington Post: Inside the economic war against the Islamic State

The Islamic State starts the new year with a drastically depleted bank account, counterterrorism officials say, following months of intensified efforts to deprive the Islamists of oil profits and other revenue used to finance military operations and terrorist attacks abroad.

Coalition aircraft in the past 15 months have destroyed more than 1,200 tanker trucks — including 168 vehicles struck in a single air raid in Syria in early December — while also using new weapons and tactics to inflict lasting damage on the terrorists’ remaining oil fields, U.S. and Middle Eastern officials say.

The military strikes are being paired with new measures intended to shut down financial networks used by the Islamic State to procure supplies and pay its fighters, the officials say. Two weeks ago, the U.S. and Iraqi governments announced the first coordinated effort to punish Iraqi and Syrian financial services companies used by the terrorists to conduct business.

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WNU Editor: The Islamic State is still standing and waging war .... but they have lost the momentum .... and they must be hurting financially.