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US allows Iraq to import Iranian energy for three more months

US allows Iraq to import Iranian energy for three more months

On Saturday, the 15th of June 2019, the US State Department had issued an emailed statement saying that United States had allowed Iraq to import Iranian gas in order to reform its power grid for another three months, extending a waiver of a sanction on Iran, however, insisted that Iraq should seek for alternative sources.

In point of fact, Iraq had been entertained with many sanction waivers with Iran, first of which was granted last after Washington had reimposed sanction on Iranian crude by forbidding foreign companies from purchasing Iranian oil in order to curb Tehran’s regional influence and an expansion of its nuclear budget alongside ballistic missile campaign.

Never the less, according to Iraqi government spokesman with direct knowledge over the issue, the extension of waiver came forth following a phone call between Iraqi Prime Minister Adel Abdul Mahdi and US Secretary of State Mike Pompeo.

However, adding that Baghdad should seek for alternative source of energies for its power grids, US state department said in that emailed statement, “An additional 120-day waiver was granted to allow Iraq to continue to pay for electricity imports from Iran. United States continued to insist on diversifying energy imports away from Iran, however”.

Source :- Financial-world.org

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