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Eugene

(62,686 posts)
Wed Mar 20, 2019, 10:27 AM Mar 2019

U.S. grants Iraq 90-day waiver to buy Iranian energy: State Dept

Source: Reuters

BUSINESS NEWS MARCH 20, 2019 / 9:03 AM / UPDATED 23 MINUTES AGO

U.S. grants Iraq 90-day waiver to buy Iranian energy: State Dept

WASHINGTON (Reuters) - 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 importing Iranian gas that is critical for power production.

The official said the waiver was granted on Tuesday. The last waiver for Iraq to be exempt from U.S. sanctions on Iran was granted on Dec. 21.

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.

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Read more: https://www.reuters.com/article/us-iran-sanctions-iraq/u-s-grants-iraq-90-day-waiver-to-buy-iranian-energy-state-dept-idUSKCN1R11IY
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