Iraqi oil field Since the Iraqi army drove out Islamic State forces from the oil-rich towns of Shargat and Qayyarah last month, ISIS has lost its ability to produce oil and profit from crude oil sales on the black market—but ISIS is proving to be highly adaptable, and able to find new markets quickly; this time in agriculture. A quick read of American intelligence on ISIS oil revenues shows this outcome had been anticipated. The Department of Defense confirmed that oil revenues were no longer the Islamic State’s main source of funding back in February 2015. “The main source of revenue for them used to be oil,” Pentagon Press Secretary Navy Rear Adm. John Kirby told reporters at the time. “Now we assess that it’s no longer the main source of revenue.” Kirby could not disclose how far the terrorist group’s revenues had fallen since 2014, when ISIS’ oil […]