The Trump administration has reportedly granted Iraq a further 90-day extension to the waiver exempting it from US sanctions on Iran.
CNBC quotes a senior State Department official as saying on condition of anonymity:
“While this waiver is intended to help Iraq mitigate energy shortages, we continue to discuss our Iran-related sanctions with our partners in Iraq.”
According to some energy analysts, without continued sanctions exemptions, Iraq could lose more than a third of its power overnight.
The Canadian Department of Foreign Affairs, Trade and Development (DFATD) has contributed CAD 20 million ($15 million) in support of...
The International Energy Agency (IEA) has warned that Iraq is a “potentially vulnerable” energy supplier. In its Oil Market Report,...
The Trump administration has reportedly threatened to block Iraq’s access to its funds in the Federal Reserve Bank of New...
Iraq has paid back more than $20 billion in foreign debt, the head of the parliamentary finance committee Haitham Al-Jubouri...
