A report by expert defence analysts at IHS Janes says air strikes have cut cut off much of the terror group’s illegal oil revenue.
The Islamic State terror network has lost almost a quarter of its territory in just 15 months - and suffered crippling financial losses, a new study has revealed.
Experts believe the major losses reveal the first signs of “the tide of war” turning against Abu Bakr al-Baghdadi’s killer sect since it declared a caliphate in June 2014.
Wages for fighters have been slashed by half to less than £100 a -month because ISIS’s money-spinning crime wave has been blitzed and some have started defecting.
And as it becomes increasingly isolated, ISIS is going to struggle to recruit fighters as the group is almost certainly in the beginnings of its decline, the study claims.
Maps showing for the first time how ISIS’s domination in Iraq and Syria has shrunk since January 2015 were revealed by expert defence analysts at IHS Janes.
Their study shows that Islamic State has lost 22% of the areas it controlled in the past 15 months and last year it lost control of 14% of its territory. Already this year it has lost a further eight per cent.
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