UN Security Council aims to crack down Islamic State funding; adopts 'new resolution'

Written By DNA Web Team | Updated: Feb 13, 2015, 03:26 PM IST

United Nations (File photo)

The international community is targeting IS as the UN resolution was passed unanimously.

The United Nations Security Council has adopted a new 'resolution' aimed at 'cracking down' on Islamic State (IS) funding including ransom payments and any person or group trading with IS.

According BBC, U.S. Republicans are trying to 'toughen' the legislation sent to Congress by President Barack Obama authorizing military action against IS. The international community has united against targeting IS as the UN resolution was passed unanimously. IS militants are earning up to 1.65 million dollars per day from oil sales and at least 35 million dollars per year from ransom payments, said a UN report.

The UN resolution will most likely put pressure on Turkey as the country is believed to be a key transit point with its trucks going to Iraq and Syria with refined products.