Insight - In taking economic war to Islamic State, U.S. developing new tools


  • World
  • Tuesday, 24 Nov 2015

Pictures showing an ISIL Command and Control Center in Syria before (L) and after it was struck by bombs dropped by a U.S. F-22 fighter jet are seen in handouts released by the U.S. Department of Defense (DOD) September 23, 2014. REUTERS/US Department of Defense/Handout

WASHINGTON (Reuters) - Since last month, U.S. warplanes have struck Islamic State's oil infrastructure in Syria in a stepped-up campaign of economic warfare that the United States estimates has cut the group's black-market earnings from oil by about a third.

In finding their targets, U.S. military planners have relied in part on an unconventional source of intelligence: access to banking records that provide insight into which refineries and oil pumps are generating cash for the extremist group, current and former officials say.

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