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.