Brief News, News In Brief, Politicoscope, Politicoscope News In Brief

Subscribe to Newsletter

Subscribe to our daily curated newsletter to receive the latest of Politicoscope top politics stories delivered to your email inbox.

Iraq can continue to import natural gas and energy supplies from Iran for a period of 45 days, the United States has said, several days after reimposing sanctions on Tehran’s oil sector.

“The United States has given Iraq a temporary relief from the sanctions for 45 days to continue purchasing natural gas and electricity from Iran,” the U.S. Embassy in Iraq said in a video published on its official Facebook page on Thursday.

“This relief gives Iraq time to start taking steps towards energy independence,” the video said.

Iraq central bank officials said in August that the country’s economy is so closely linked to Iran that Baghdad would ask Washington for exemptions from some of the sanctions.

Most Popular

The current temporary waiver is conditional on Iraq not paying Iran for imports in U.S. dollars.

Sanctions, which had been lifted under a 2015 nuclear deal negotiated by President Barack Obama’s administration and five other world powers, were reimposed on Nov 5.

They cover 50 Iranian banks and subsidiaries and more than 200 persons and vessels in its shipping sector, as well as targeting Tehran’s national airline, Iran Air, and more than 65 of its aircraft.

Most Read

Thank you for visiting Politicoscope.com. Show your strong support.
+ Share this content with friends or Leave your comment below.
+ Subscribe for content like this and more.
+ Submit news or tips.

Donate

Donate now to help us provide more story like this.



More Donation Options

* Here are other Donation options for you.

* For Premium News readers, you can register here today.

Donate

Donate now to help us provide more story like this.



More Donation Options

* Here are other Donation options for you.

* For Premium News readers, you can register here today.