US again temporarily allows Iraq to buy oil from Iran – American Politics
As you can imagine, more people are reading The Jerusalem Post than ever before.
Nevertheless, traditional business models are no longer sustainable and high-quality publications,
like ours, are being forced to look for new ways to keep going. Unlike many other news organizations,
we have not put up a paywall. We want to keep our journalism open
and accessible and be able to keep providing you with news
and analysis from the frontlines of Israel, the Middle East and the Jewish World.
As one of our loyal readers, we ask you to be our partner.
For $5 a month you will receive access to the following:
- A user experience almost completely free of ads
- Access to our Premium Section
- Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew – Ivrit
- A brand new ePaper featuring the daily newspaper as it appears in print in Israel
Help us grow and continue telling Israel’s story to the world.
Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief
WASHINGTON – The United States granted Iraq a 90-day waiver exempting it from sanctions to buy energy from Iran, a State Department official said on Wednesday, the latest extension allowing Baghdad to keep purchasing electricity from its neighbor.
The Trump administration reimposed sanctions on Iran’s energy exports in November, citing its nuclear program and meddling in the Middle East, but has granted waivers to several buyers to meet consumer energy needs.
“While this waiver is intended to help Iraq mitigate energy shortages, we continue to discuss our Iran-related sanctions with our partners in Iraq,” the State Department official said on condition of anonymity.
Washington has said it wants to roll back Iranian influence in the Middle East, including in Iraq, where Iran holds broad sway over politics and trade.
Although Iraq has one of the world’s largest natural gas reserves, it has moved slowly to develop them and relied on Iran to supply it with gas and electricity.
Saudi Arabia has also offered to sell electricity to Baghdad at a discount, part of an effort by the kingdom to curb the influence of its rival Iran in Iraq.
(Reporting by Lesley Wroughton; writing by Doina Chiacu; editing by Franklin Paul, Susan Thomas and Richard Chang)
Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>