Back in 1968, Henry Kissinger once observed that “it may be dangerous to be America’s enemy, but to be America’s friend is fatal”. Everything was subordinated to domestic politics according to which Washington’s first instinct was to coerce its allies and attract its foes. In contrast to the Marine’s well known slogan, the motto of the some diplomats was “no worse friend, no better enemy”.
In the intervening half century Kissinger’s ironic adage appears to have become even truer. According to the Business Insider [1], “ISIS Is Making An Absurd Amount Of Money On Ransom Payments And Black-Market Oil Sales”.
ISIS earns about $US1 million each day in oil sales alone, said David Cohen, the Treasury Department’s under secretary for terrorism and financial intelligence. He also said the group has netted approximately $US20 million in ransom payments this year. Additionally, Cohen said ISIS has raised funds through local extortion and crime, like robbing banks.
By contrast, Kurdish oil tankers are sailing in circles in search of a port because Washington has blocked its oil sales anywhere in order to avoid offending Iraq. The New York Times [2] explains:
Roughly two dozen huge oil tankers are idly turning figure eights around the Mediterranean or on the high seas, loaded with oil pumped from wells in Iraqi Kurdistan but with nowhere to legally offload it.
The oil fleet is a costly gamble, to the tune of millions in fees each month, by Kurdish officials who are desperately trying to sell the oil abroad, even as the Iraqi government and the United States are blocking their attempts.
To Iraqi officials, the tankers are carrying contraband — oil that by law should be marketed only by the Iraqi Oil Ministry, with the profits split: 83 percent for the Baghdad government, 17 percent for the Kurdish autonomous government in the north.
Perhaps the secret to ISIS’ recent success can be summed up in one phrase. They punish their enemies, the administration punishes its friends. China has just surprised Western analysts by deploying an SSN [3] — for the first time — into the Indian Ocean. The torpedoes it carries will be aimed at Western ships.