Sunday, July 13, 2014

Extreme Money: Jihadists Selling Oil Seized in Iraq, Syria


The Islamic State, proclaimed by jihadists in parts of Syria and Iraq, is expanding its influence and attracting more volunteers. The extremists are reported by UK media to be raking in around a million dollars a day by selling oil from the facilities they captured in both countries. Some rival rebel groups are now flocking to fill the jihadist ranks. Nevertheless, the United States maintains it can still find a moderate opposition to arm - as Gayane Chichakyan reports.