IS Broadens Fundraising as Oil Revenue Falls

U.S-led coalition efforts to cut off one of the Islamic State militants' main funding sources, oil smuggling, by bombing the militants’ improvised oil drilling in Syria and transportation infrastructure has had some success and may have cut profits by half. But analysts and inhabitants in territory the group controls warn the jihadist organization has many other ways to finance itself, including securing ransom for hostages. Militants from the Islamic State abducted at least 90 people...

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