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IS heads for Saudi oil wells

By Claude Salhani - posted Monday, 15 September 2014


The authors dispute the widely believed notion that Saudi Arabia created IS and is funding it. "Saudi Arabia is not the source of ISIS - it's the group's primary target," they write.

As Obaid and al-Sarhan put it, "The Saudi leadership has a unique form of religious credibility and legitimacy, which will make it far more effective than other governments at delegitimizing ISIS's monstrous terrorist ideology."

What makes IS powerful today is the fact that they laid out their military strategy based on where oil fields are located. The fact that they went after northeast Syria and northern Iraq is not coincidental by any means. Islamic State may be ruthless and brutal, but it is first and foremost a terrorist organization with an astute business plan.

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The capture of oil wells in Syria and Iraq has made the group financially self-sufficient. Now it's all or nothing.

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This article was first published on OilPrice.com.



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About the Author

Claude Salhani is a writer with OilPrice.com.

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