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<p>The Coalition’s military efforts in Syria are an important part of the strategy
to cut off Daesh oil revenues. The UK has launched strikes targeting Daesh oil facilities
in Omar oil field. In total, Coalition airstrikes have damaged or destroyed over 260
oil infrastructure targets so far, taking out crucial Daesh oil facilities and convoys.
The UK has led international efforts to make it illegal for any state, company or
individual to trade in oil and oil products with Daesh, including co-sponsoring UN
Security Council Resolution 2199 in February 2015. The Chancellor was in New York
on 17 December for the first ever meeting of Finance Ministers at the UN Security
Council to strengthen the sanctions regime against Daesh. We are also working with
the private sector to ensure Daesh cannot access the spare parts and fuel additives
it needs for its oil industry to function.</p>
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