US-led airstrikes have cut ISIS oil revenues: US military

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WASHINGTON (Reuters) -- U.S.-led coalition air strikes against Islamic State oil facilities have cut the militant group's oil revenues by about 30 percent since October, a coalition spokesman said on Wednesday.

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In October, the U.S. military launched an intensified effort to go after oil infrastructure controlled by Islamic State, dubbed "Tidal Wave II."

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US-led airstrikes have cut ISIS oil revenues: US military
A Coalition airstrike destroys a Daesh weapons storage warehouse near Fallujah, Iraq to disrupt terrorist operations. The strikes were conducted as part of Operation Inherent Resolve, the operation to eliminate the Daesh terrorist group and the threat they pose to Iraq, Syria, and the wider international community. The destruction of Daesh targets in Syria and Iraq further limits the group's ability to project terror and conduct operations.
This video depicts a strike against an ISIL ammunition bunker near Bayji, Iraq. The strikes were conducted as part of Inherent Resolve, the operation to eliminate the terrorist group ISIL and the threat they pose to Iraq, the region and the wider international community. The destruction of ISIL targets in Syria and Iraq further limits the terrorist group’s ability to project power and conduct operations. Coalition nations conducting airstrikes in Iraq include the U.S., Australia, Belgium, Canada, Denmark, France, Netherlands and the United Kingdom. Coalition Nations conducting airstrikes in Syria include the U.S., Bahrain, Jordan, Saudi Arabia, and the United Arab Emirates.
Airstrike against ISIL bunker conducted 4 November near Bayji, Iraq.
Operational video of a U.S. airstrike against an ISIL logistics base west of Mosul, Iraq Oct. 27
U.S. Air Force C-130 aircraft conducted an airdrop Oct. 27 in the vicinity of Al Asad Air Base, Iraq, to provide humanitarian aid for delivery by Iraqi Security Forces to members of the Iraqi Albu Nimr tribe. The aircraft delivered more than 7,000 halal meals which were retrieved by ISF and delivered to the tribe who recently relocated from their homes near Hit, Iraq, to flee ISIL aggression. The C-130 aircraft, which are deployed to the U.S. Central Command area of responsibility, exited the airdrop zone safely.
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That effort has consisted so far of 65 air strikes, a Baghdad-based spokesman for the U.S.-led campaign, U.S. Army Colonel Steve Warren, said in a news briefing.

"We assess this operation has reduced their revenue by about 30 percent," Warren said. Islamic State was producing 45,000 barrels of oil per day prior to the campaign, compared to about 34,000 bpd now, Warren said.

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