Coalition efforts to stem IS oil yielding results, official says

A November 9 photo released by the French military shows a Rafale fighter jet preparing to strike oil-production targets controlled by the Islamic State group in SyriaStepped-up attacks against the oil infrastructure of the Islamic State group have hurt its bottom line, a senior US official said Tuesday, as the Obama administration tries to rebut claims it is moving too slowly against the jihadists. The US-led coalition that has been bombing IS fighters in Iraq and Syria since August last year has started targeting fuel tankers that move oil around Syria and provide IS fighters with vital funding. Speaking to Pentagon reporters on condition of anonymity, the official said the IS group had been making between $40 million and $48 million a month from oil sales.

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