"In line with President Obama's strategy to 'systematically degrade, dismantle and defeat' the Islamic State of Iraq and Syria (ISIS), the Treasury Department said Wednesday that it plans to up its pressure on the terror group's oil sales.
ISIS 'benefits from sales of Iraqi and Syrian oil,' Treasury said on Wednesday, pledging to 'intensify our efforts to undermine' that element of the terrorist group's funding, along with others.
To choke off the group's oil and refined petroleum sales, Treasury will work with partners overseas on 'disrupting each of these sources of [ISIS] financing.'"
Laura Barron-Lopez reports for The Hill September 10, 2014.
Source: The Hill, 09/11/2014
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