Report

rss

Iraq News

Kurdistan

Economy

World

All News

The U.S. exempts Iraq from sanctions imposed on Iran to import gas for three more months

Category: Economy

Date: 2021-01-05T06:44:04+0000
The U.S. exempts Iraq from sanctions imposed on Iran to import gas for three more months

Shafaq News / An Iraqi official stated that Washington has extended the exemption granted to Iraq from the sanctions imposed on Iran in the energy field for an additional three months.

He pointed out, according to Agence France-Presse, "this new exemption, which is longer than all previous exemptions, is the result of long discussions," as this decision will allow Baghdad to continue importing gas and electricity from Iran until early April.

It is noteworthy that Iraq heavily depends on Iran in energy, as it imports a third of its consumer needs of gas and electricity, due to its aging infrastructure that makes it unable to achieve self-sufficiency in the energy field secure the needs of its population.

After the United States re-imposed sanctions on Iran at the end of 2018, Washington has been granting Iraq one exemption after another while it finds other suppliers.

related

Iran's Currency Drops To Lowest Point In A Year As Nuclear Talks Approach

Date: 2021-11-25 06:09:23
Iran's Currency Drops To Lowest Point In A Year As Nuclear Talks Approach

Iran to utilize Iraqi debts to fund COVID-19 vaccine deals

Date: 2020-12-30 10:19:13
Iran to utilize Iraqi debts to fund COVID-19 vaccine deals

Oil bulls take charge as demand outlook improves, Brent up a fifth day

Date: 2021-06-16 05:54:09
Oil bulls take charge as demand outlook improves, Brent up a fifth day

U.S. crude imports from Iraq slumped last week, EIA says

Date: 2022-07-17 06:58:55
U.S. crude imports from Iraq slumped last week, EIA says

Significant decrease in trade exchange between Iran and five countries

Date: 2020-09-11 06:06:34
Significant decrease in trade exchange between Iran and five countries

Iraq is the Gulf's top importer of Iranian goods

Date: 2022-02-02 10:18:33
Iraq is the Gulf's top importer of Iranian goods

An Iraqi-Iranian agreement to establish a new industrial zone

Date: 2021-05-25 11:14:14
An Iraqi-Iranian agreement to establish a new industrial zone

Iran intends to help Iraq "nationalize the oil industry"

Date: 2022-04-21 18:26:24
Iran intends to help Iraq "nationalize the oil industry"