
Iraq's prime minister, Nouri al-Maliki, has repeatedly accused Saudi Arabia and Qatar of openly funding ISIS, though there is no evidence that this is the case.
The group is also believed to be receiving considerable funds from their operations in Eastern Syria, where the group has commandeered oil fields and engages in the out-smuggling of raw materials and archaeological artifacts.
ISIS also generates revenue from producing crude oil and selling electric power in northern Syria. The crude oil is reportedly sold back to the Syrian government.
In mid-2014, Iraqi intelligence extracted information from an ISIS operative that revealed the organization had more than $2bn.
According to the Associated Press ISIS has also taken effective control of Tikrit, where Saddam Hussein was born.
Know who are ISIS militants trying to occupy Iraq?
New Delhi: ISIS militants are closing in on the capital city of Baghdad in Iraq. Gun battles are on in Baquba which is less than 40 miles north of Baghdad.Some say that the ISIS that
Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from World
Iraq Crisis
ISIS Militants
Iraq
Baghdad
Syria
Al Qaeda
Bashar Al Assad
Ayman Al Zawahiri
India TV News
Advertisement
Advertisement
-
Philippines military planes crash midair in Batangas; 4 pilots killed
-
Three back-to-back earthquakes hit Vanuatu Islands near Australia; tsunami warning issued
-
Israel launches 'limited counterterrorism' operation in West Bank: What's behind the escalation?
-
Tibet jolted by 4.5 magnitude aftershock days after powerful quake that killed 16
-
'Will do another little Epic Fury': Trump warns Iran of fresh strikes, threatens Cuba too
Top News
-
Meerut blue drum murder: Muskan, her lover Sahil to challenge death penalty in Allahabad HC
-
One dead in fire in Noida's Sector 126, LPG cylinders found inside premises
-
'Free Kashmir..': Jamia teaching, non-teaching staff condemn objectionable graffiti on campus walls
-
Tilak Varma's blitzkrieg helps India snatch victory from New Zealand's hands, beat them by 4 wickets
Advertisement
Advertisement