"US Extends Iraq's Waiver to Continue Paying Iran for Electricity"

1 min read
Source: Reuters
"US Extends Iraq's Waiver to Continue Paying Iran for Electricity"
Photo: Reuters
TL;DR Summary

The United States has renewed a 120-day waiver allowing Iraq to pay Iran for electricity, with the condition that the funds can only be used for humanitarian trade. The waiver aims to decrease Iran's leverage over Iraq and prevent Tehran from cutting off natural gas exports, which would lead to electricity cuts in Iraq. Critics argue that giving Iran access to these funds could free up money for militias attacking U.S. forces or its nuclear program. The U.S. officials emphasize that the funds can only be used for non-sanctionable transactions, such as purchasing humanitarian goods.

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