Reuters quotes Rafik Hariri Center Resident Senior Fellow Frederic C. Hof on the US-led airstrikes against ISIS held oil-fields, a primary source of the militant group’s funding:

Oil revenue is one of the largest sources of income for the Islamic State and the operation could have a significant impact on the terrorist organization, according to Frederic Hof, a senior fellow at the Atlantic Council think tank.

“This is very much a revenue-decreasing operation, designed to eliminate, what I understand to be a very significant source of revenue for ISIS,” Hof said, using a different acronym for the group. 

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