Iraq gets new Sanctions Waiver to buy Iranian Energy

By John Lee.

The Trump administration has reportedly granted Iraq a further 90-day extension to the waiver exempting it from US sanctions on Iran.

CNBC quotes a senior State Department official as saying on condition of anonymity:

“While this waiver is intended to help Iraq mitigate energy shortages, we continue to discuss our Iran-related sanctions with our partners in Iraq.”

According to some energy analysts, without continued sanctions exemptions, Iraq could lose more than a third of its power overnight.

More here.

(Source: CNBC)

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One Response to Iraq gets new Sanctions Waiver to buy Iranian Energy

  1. JAC 22nd March 2019 at 02:23 #

    Interesting news ,
    if Iran can supply energy export gas-oil to iraq ,
    so iraq can supply pickup car truck to iran ?
    duty free zone ?

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