US Ends Waiver for Iraq to Buy Power from Iran, Reuters Says
- The Trump administration rescinded a waiver allowing Iraq to pay Iran for electricity, according to a State Department spokesperson.
- The spokesperson stated that this decision prevents Iran from receiving economic relief and supports Trump's campaign against Iranian nuclear threats.
- Farhad Alaaeldin, an adviser to Prime Minister Mohammed Shia al-Sudani, noted that the end of the waiver causes temporary operational challenges for Iraq.
- In 2023, electricity imports from Iran made up only 4% of Iraq's electricity consumption, as mentioned by the State Department spokesperson.
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Iran-China Oil Flows Persist Despite U.S. Crackdown
The tightened U.S. sanctions on Iranian oil flows under the Trump Administration’s renewed maximum pressure campaign have created chaos in Iran’s oil exports to its single biggest buyer, China. However, Iranian exports to China, which buys around 90% of the Islamic Republic’s oil, continue as traders and middlemen rearrange tanker flows and increase ship-to-ship transfers, especially offshore Malaysia, vessel-tracking analysts say. The latest U.…
Trump admin ends waiver allowing Iraq to buy Iranian electricity as part of 'maximum pressure' campaign
The Trump administration ended a waiver that allowed the Iraqi government to buy Iranian electricity as part of its "maximum pressure" campaign on the Islamic republic.
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