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.
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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
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Total News Sources33
Leaning Left5Leaning Right12Center12Last UpdatedBias Distribution41% Center, 41% Right
Bias Distribution
- 41% of the sources are Center, 41% of the sources lean Right
41% Right
L 17%
C 41%
R 41%
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