India bans oil trade with ISIL-linked organisations

India's commerce ministry said in a notification that India bans oil trade and refined oil products trade with ISIL linked organisations.

India bans oil trade with ISIL-linked organisations

World Bulletin / News Desk 

India on Tuesday banned trade with ISIL-linked entities in oil and other products, complying with a U.N. resolution to act against armed groups active in oil-rich countries such as Iraq, Syria and Libya.

"In compliance with United Nations Security Council Resolution ..., trade in oil and refined oil products, modular refineries and related materials, besides items of cultural (including antiquities), scientific and religious importance is prohibited," India's commerce ministry said in a notification.

The rapid rise of ISIL, which first emerged in Syria and Iraq, is worrying Western powers who fear the militant group will forge a base just across the Mediterranean from mainland Europe.

Iraq's Prime Minister Haider al-Abadi earlier this month urged the international community to help prevent the group from gleaning profits from oil smuggling.

Güncelleme Tarihi: 30 Haziran 2015, 15:50
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