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    US Air Force F-15E Strike Eagles conduct airstrikes in Syria and Iraq

    Coalition Strikes Destroy 168 Daesh Oil Trucks Near Syria’s Palmyra

    © REUTERS / U.S. Air Force/Senior Airman Matthew Bruch/Handout
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    US-led coalition airstrikes near the Syrian city of Palmyra destroyed 168 Daesh oil tanker trucks Thursday, the Operation Inherent Resolve joint task force said in a press release.

    WASHINGTON (Sputnik) – The task force called the bombardment its largest airstrike in the operation to date.

    "The Coalition is systematically targeting ISIL-affiliated [Daesh-affiliated] oil infrastructure to eliminate millions of dollars in potential revenue," Friday’s release stated. "This most recent strike resulted in estimated lost revenue of more than $2 million."

    In recent months, coalition strikes have destroyed dozens of Islamic State oil assets in Iraq and Syria, draining one of the group’s largest sources of revenue.

    In August, Iraqi forces backed by the coalition recaptured the strategic Qayyarah oil field, which the Islamic State had controlled since 2014.

    At the height of its power in 2014, the Islamic State was estimated to make $700,000 a day from illicit oil sales, according to the Iraq Energy Institute.

    Related:

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    US-Led Coalition Airstrikes Destroy Daesh Oil Assets in Syria
    Tags:
    oil smuggling, US-led coalition, Daesh, United States
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