Legal experts have claimed Republican Presidential candidate Donald Trump’s suggestion the US should have taken oil out of Iraq following the 2003 invasion would have been a violation of the fourth Geneva convention.
Iraq has been putting out more fires at six oil wells in the Qayyara region of the country.
Islamic State (IS) has attacked two energy facilities in Iraq.
The Islamic State terror group is facing “an increasingly desperate struggle to raise money” after coalition air strikes targeting oil wells and key financial planners, a parliamentary report has said.
Footage revealed by the Russian Ministry of Defence has shown airstrikes carried out by Russian fighter jets against illegal oil facilities.
ISIS is making up for lost revenue from coalition strikes on its oil infrastructure by squeezing the population under its control through high taxes.
Two Italian hostages have been freed from Islamic State captivity in western Libya, local officials say.
A leading middle east expert believes Islamic State is more focused on ideology rather than gaining additional oil supplies as it targets Libya's oil ports.
The international community must take concerted action to “choke off” funding to Islamic State (IS), Britain has warned. Chancellor George Osborne and Foreign Secretary Philip Hammond said it was essential that jihadists - who have seized control of vast oilfields in Syria and Iraq - were isolated from the international financial system. Writing in The Daily Telegraph ahead of a meeting of United Nations Security Council finance ministers in New York to discuss action against IS, they said weaknesses in IS’ funding network must be exploited.
A top US official has claimed the Syrian government has been buying oil from the terrorist group Islamic State (IS). Adam Szubin, currently the Treasury’s acting under secretary for Terrorism and Financial Intelligence, said although some crude was making its way over the border to Turkey a “far greater amount” was ending up in areas under Bashar al-Assad’s control.
RAF jets could strike at Islamic State’s oil infrastructure in Syria in an effort to cut off the terrorists’ supply of funding, George Osborne has indicated.
Islamic State suicide bombers blew up two trucks in the heart of the northeastern Syrian city of Hasaka and a fire erupted at petroleum storage tanks and a textile firm after shelling by the militants, a Syrian army source said on Monday. The army source was quoted by state television as saying the militants had targeted a major roundabout and near a mosque in the southeastern Ghwyran neighbourhood, a residential area that the militants entered since Thursday in a lighting assault to seize the government-held parts of the city.
Islamic State militants in Libya seized a group of foreigners at the al-Ghani oilfield last week, a spokesman for the Austrian foreign ministry said today. "Secure information" revealed they were alive when taken, he added.