US extends Iraq sanctions waiver until before Biden inauguration
US extends Iraq sanctions waiver until before Biden inauguration

Washington has granted Iraq a shortened 45-day sanctions waiver to import Iranian gas that will expire days before US President Donald Trump’s term ends, an Iraqi official said on Saturday.Baghdad buys gas and electricity from its neighbour Tehran to supply about a third of its power sector, worn down by years of conflict and poor maintenance.The US blacklisted Iran’s energy industry in late 2018 but granted Baghdad a series of temporary waivers, hoping Iraq would wean itself off Iranian energy by partnering with US firms.The lengths of the exemptions have become a key tool in US policy toward…

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