Published 8 months ago

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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CTV News

US extends sanctions waiver allowing Iraq to buy electricity from Iran

The Biden administration has extended by four months a sanctions waiver that will allow Iraq to continue to purchase electricity from Iran and gives Iran limited access to the proceeds to buy humanitarian goods.

9 months ago·Canada

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Reuters

US renews waiver letting Iraq pay Iran for electricity

The United States has issued a new 120-day waiver allowing Iraq to pay Iran for electricity, U.S. officials said on Tuesday, stressing Tehran could only use the funds for humanitarian trade and seeking to blunt criticism of giving Iran the money.

8 months ago·United Kingdom

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Associated Press News

US extends sanctions waiver allowing Iraq to buy electricity from Iran

The Biden administration has extended by four months a sanctions waiver that will allow Iraq to continue to purchase electricity from Iran.

9 months ago·United States

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abc News

US extends sanctions waiver allowing Iraq to buy electricity from Iran

The Biden administration has extended by four months a sanctions waiver that will allow Iraq to continue to purchase electricity from Iran

9 months ago·United States

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KRDO

US extends sanctions waiver allowing Iraq to buy electricity from Iran

By MATTHEW LEE AP Diplomatic Writer WASHINGTON (AP) — The Biden administration has extended by four months a sanctions waiver that will allow Iraq to continue to purchase electricity from Iran. It also gives Iran limited access to the proceeds to buy humanitarian goods. U.S. officials say Congress was notified on Tuesday of the 120-day

9 months ago·Colorado Springs, United States

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New York Post

Biden admin renews sanctions waiver giving Iran access to $10 billion from Iraq

The Biden administration has extended a sanctions waiver that will grant Iran access to roughly $10 billion from Iraq in exchange for electricity purchases.

8 months ago·New York, United States

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