Islamic State militants launched a rocket strike against an Iraqi refinery causing its shut-down, Reuters has reported , citing officials from the facility. In a statement on the terrorist group’s official channel, IS took responsibility for the attack, which caused a fire at a fuel storage tank, which has been put under control. “We completely shut down production units to avoid extensive damage that could result,” one of the Reuters sources said. The Siniya refinery, located in Northern Iraq, has a daily processing capacity of 300,000 bpd. Operations at the facility were resumed several hours after the attack, according to a report by Al Jazeera. The news suggests the Islamic State, although officially defeated in OPEC’s number-two producer, is still capable of interfering in Iraq’s oil industry. This means the industry, which is vital for Baghdad’s budget, is vulnerable despite years of fighting the terrorist group. Earlier this month, […]