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U.S.-led strikes degrade ISIS oil revenues: Pentagon
Published in Albawaba on 14 - 11 - 2015

U.S.-led airstrikes in Syria have inflicted "significant damage" to ISIS' ability to fund itself, the Pentagon said Friday.
Recent strikes in an air operation dubbed "Tidal Wave II" have been concentrated on oil facilities in the Deir al-Zor region, which provide an estimated two-thirds of ISIS' oil revenue, Pentagon spokesman Col. Steve Warren said at a news briefing.
"We believe that by cutting off its oil supply we could hasten the destruction of [ISIS]," he said.
The first strike in the coalition operation was on the Omar oil field on Oct. 21 and since then airstrikes have been stepped up, Warren said.
Warren said the strikes, halfway through the Tidal Wave operation, have inflicted "significant damage" on ISIS' ability to fund itself.
While airstrikes have targeted oil facilities in the past, Warren said they were against parts that were being easily repaired or replaced. "So we did a detailed analysis to determine how we can strike the oil field to break them for longer, essentially."
The aim is not to completely destroy the oil facilities, but to shut down them down for longer periods of time, Warren added. "There will be a time after the war, the war will end, so we don't want to completely and utterly destroy these facilities to where they are irreparable," he said.
Oil revenue is one ISIS' key sources of income and the operation could have a significant impact on the group, said Frederic Hof, a senior fellow at the Atlantic Council think tank.


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