New EFSAS Article: Blurring the Lines | Crime-Terror nexus and the case of ISIS
Both at the peak of its territorial reach and since its decline, ISIS systematically engaged in criminal activities. Territorial control and practical political autonomy in parts of Iraq and Syria allowed ISIS to capitalize on the oil revenues produced in the areas controlled by the group. Beyond the ideological appeal of controlling territory that could be incorporated into the self-declared Caliphate, territorial gains thus also translated into control gained over oil and gas extraction sites. Once access over such sites was won, oil and gas could be extracted and sold on illicit markets. At its peak, ISIS raised $1.2 million in funds from oil sales on a daily basis.