can't see a problem with third party transactions but with oil...

  1. 10,404 Posts.
    can't see a problem with third party transactions but with oil pumped from Iraq through to and then resold from Turkey I can't see how Turkey could not know.

    And I can't see how the EZ or the US wouldn't know which probably means everyone knows. So the price the west must pay to strangle ISIS oil is EU admission? Cheap.

    However when I searched several Sunni Banks some lead to tie ups with India. Until the UN can put sanctions on ISIS oil (which might mean the recognition of ISIS as a state) there is nothing to stop banks from allowing such sums to pass through their systems. How can an oil shipment of say $4 million be transferred into the hands of ISIS but by use of friendly ME banks.

    Of course, as mentioned previously, the total destruction of petroleum infrastructure would definitely cut off one lucrative source of income. Trouble is, as I understand it, that ISIS place civilians all over these assets.
 
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