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ISIS's funding sources: mafia-like taxes, drug cartel-like extortions

Terror group also plunders resources and antiquities, seizes property and land

US-led airstrikes against oil refineries and tanker convoys, coupled with lower crude prices, have cut ISIS's oil revenue by two-thirds.


IN the last year, a once-obscure extremist group has overrun some of Iraq's major cities, seized control of oil wells, industries and banks, and emerged as the world's richest and most feared terrorist force.

Despite nine months and US$2.44 billion in US airstrikes...

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