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Home In Brief

US renews waiver for Iraq to import Iranian energy for 60 days

by  Reuters and ILH Staff
Published on  09-25-2020 05:51
Last modified: 09-25-2020 05:58
US renews waiver for Iraq to import Iranian energy for 60 daysReuters/Alaa Al-Marjani

A man activates his personal electrical generator at home to help cope with a series of power outages in Najaf, Iraq | File photo: Reuters/Alaa Al-Marjani

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The United States said on Thursday it had renewed a waiver for Iraq to import Iranian electricity, this time for 60 days to enable Baghdad to take "meaningful actions" to reduce its energy dependence on neighboring Tehran.

The waiver will continue to exempt Iraq from US sanctions reimposed on Iran, hobbling its oil-dependent economy, after President Donald Trump withdrew Washington from world powers' 2015 nuclear deal with the Islamic Republic.

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Washington has repeatedly extended the waiver for Baghdad to use crucial Iranian energy supplies for its struggling power grid, usually for periods of 90 or 120 days.

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