(ANSA) - Rome, March 2 - Economy Minister Pier Carlo Padoan
said Wednesday that oil is a "significant" source of funding for
the so-called Islamic State (ISIS) fundamentalist insurgency.
The minister said the oil market nets the terrorist group "an
estimated $100 million a year". The extremist organization also
finances itself by peddling "antiquities sacked from occupied
lands, which are being fenced on Western markets," Padoan told a
conference on money-laundering at Rome's private LUISS business
school. "The sale of antiquities is particularly significant,
because it requires the complicity of Western buyers".
ISIS finances itself via oil says Padoan
And selling stolen antiquities to Western buyers