BusMan News ISIS Oil
After attacking Mosul in June ISIS have created their own Black Market for Israel while earning up to 3 million a day. "This number is predicted to increase in the following few months because winter is coming up" Theodore Karasik (director of research). CNN moderator states that ISIS could earn up to 1 billion a year. They sell oil for 25-60 dollars instead of the original price which is about 100 dollars a barrel. Main part of the oil is stolen from huge oil companies and then sold to other Islamic states for a really cheap price. Stealing oil or resources from companies and selling them from cheap is ethically not right and it is not legally right. The ISIS uses strategies to make money and to improve the standards of their country. With 1 Billion a year you have enough money to improve the standard of living and also oil is a very important resource which is always becoming less every day. Oil is not a sustainable resource and therefore having oil is becoming rarer every year, oil is very important in daily life and oil helps generate a lot of things which is extremely useful countries.
ISIS - Islamic State of Iraq and Syria
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