Similar Stories to Islamic State's Oil Revenue Dives As It Loses Iraqi Territory on Bing News

BAGHDAD (Reuters) - Islamic State, pushed off more than half the Iraqi territory it seized in 2014, has suffered a near collapse in revenue from oil smuggling, officials say, forcing it to cut fighters' pay, levy new taxes and raise fines for breaking its religious code.

Topics:  baghdad reuters     islamic state   iraqi   oil   revenue   
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