Published • loading... • Updated
US extends sanctions waiver allowing Iraq to buy electricity from Iran
- The United States has extended a 120-day waiver allowing Iraq to pay Iran for electricity, with the funds restricted for humanitarian trade. Critics argue it could reward Iran despite pressure to end support for destabilizing groups.
- The waiver will enable Iraq to maintain its energy imports without facing U.S. sanctions, and around $10 billion in Iraqi payments for Iranian electricity is held in escrow accounts.
- The Biden administration is confident Iran won't misuse the money, as a vetting process ensures it can only be used for food, medicine, medical equipment, and agricultural goods.
Insights by Ground AI
33 Articles
33 Articles
US Renews Waiver Allowing Iraq to Buy Electricity From Iran Amid Hamas Attacks on Israel
The United States has extended a waiver to Iraq to allow the country to buy electricity from Iran despite the terrorist attacks against Israel by Tehran-backed Hamas. A State Department spokesperson confirmed to The Epoch Times that Secretary of State Antony Blinken extended the waiver for another 120 days. Critics say the amount of money Iran would receive—$10 billion—would be used for the regime’s malign activities, including its support for t…
·New York, United States
Read Full Article
Coverage Details
Total News Sources33
Leaning Left4Leaning Right12Center14Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
13%
C 47%
R 40%
Factuality
To view factuality data please Upgrade to Premium
