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Al Jazeera
Al Jazeera
Business

US ends sanctions waiver for Iraq to buy electricity from Iran

Iran Electricity United States Iraq Donald Trump Barack Obama Tehran
Despite its oil and gas wealth, Iraq has suffered from decades of electricity shortages because of war, corruption and mismanagement and has become heavily reliant on imported Iranian gas as well as electricity [File: Raheb Homavandi/Reuters]

The United States has ended a sanctions waiver that allowed Iraq to buy electricity from neighbouring Iran, in line with US President Donald Trump’s policy of exerting “maximum pressure” on Tehran.

In a statement released on Sunday, the US Department of State said the decision not to renew the waiver was made to “ensure we do not allow Iran any degree of economic or financial relief.”

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