Report: British MP behind ISIL oil trade

A member of the UK Parliament has been accused of playing a pivotal role in ISIL terrorists’ black market oil business.

According to some reports published on social networks, Nadhim Zahawi is involved in trading oil derived from ISIL-controlled fields in Iraq.

Reports say Nadhim Zahawi, the Conservative MP for Stratford-upon-Avon, has been buying crude at a very low price (between $12 to $30 per barrel) from ISIL terrorists and transporting it to Israel and European markets through Turkey and the Mediterranean Sea.

The Tory MP, who sat on an influential House of Commons Select Committee during the last parliament, has already been involved in oil business with the Kurdistan Regional Government.

Born in Iraq to Kurdish parents, the Tory MP is believed to have significant influence in the region.

Known as millionaire MP, Zahawi owns shares in Genel Energy, another Kurdish oil explorer.

The allegations against Zahawi come against the backdrop of reports that ISIL terrorists sell oil through certain regional countries including Turkey and Iraq’s Kurdistan region.

Back in 2014, David Cohen, US Treasury under-secretary for terrorism and financial intelligence said middlemen from Turkey and Iraq’s Kurdistan region buy oil from ISIL terrorists.

Cohen said ISIL is earning some $1 million a day from black market oil sales.

Reports say ISIL controls nearly a dozen oil fields in northern Iraq as well as Syria’s Raqqa province.

Last year, in a briefing to the European Parliament Foreign Affairs Committee, EU Ambassador to Iraq Jana Hybas-kova announced that some European countries have purchased crude from the ISIL.

The ISIL terrorist group, has captured parts of northern Iraq and neighboring Syria. The terrorist group has carried out heinous crimes such as public decapitations and crucifixions against all ethnic and religious groups.