40 to 50 percent of profits ends up with insurgents in Iraq

Posted on April 26, 2008
Filed Under Middle East, environmental goods |

40 to 50 percent of the profits from fuel smuggling is believed to end up in the hands of insurgents.

Source: Robert F. Worth and James Glanz, ” Oil Graft Fuels the Insurgency, Iraq and U.S. Say,” New York Times, February 5, 2006.

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