US keeps Iran gas waiver but ends power exemption, says Iraqi PM adviser

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Wed, March 12, 2025

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US keeps Iran gas waiver but ends power exemption, says Iraqi PM adviser

^{Published on 2025-03-12 17:20:58 - Reuters}

The Iraqi prime minister's foreign affairs adviser, Farhad Alaaeldin, told a local Iraqi TV channel on Wednesday that the waiver guaranteed by the United States on importing Iranian gas has not been revoked and is still in effect.

The U.S. has decided to maintain a waiver allowing Iraq to import electricity from Iran, but has ended an exemption that permitted Iraq to pay for these imports in cash, according to an adviser to Iraq's Prime Minister. This decision was part of a broader U.S. strategy to manage Iran's influence in Iraq while ensuring that Iraq does not face a power crisis. The waiver, which has been in place since 2018, allows Iraq to continue purchasing electricity and gas from Iran despite U.S. sanctions on Iran. However, the cessation of the cash payment exemption means Iraq must find alternative methods to compensate Iran, potentially affecting the financial dynamics between the two countries. This move reflects the U.S.'s ongoing efforts to pressure Iran economically while supporting Iraq's stability.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/energy/us-keeps-iran-gas-waiver-ends-power-exemption-says-iraqi-pm-adviser-2025-03-12/ ]

N@N

US keeps Iran gas waiver but ends power exemption, says Iraqi PM adviser