Skip to content

U.S. Military Says airstrikes Have Cut ISIS Oil Revenues

Reuters reports that “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.”  

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

“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.”

Recent Stories

Transcript transparency: How the past three administrations stack up 

‘Buckle up, America!’ — Congressional Hits and Misses

Photos of the week | May 16-22, 2025

Under Bondi’s watch, victim service groups face cuts, uncertainty

DCCC targets California Asian American voters in first paid ads of 2026 cycle

With 2026 midterms top of mind, budget vote takes center stage