The Trump administration ended Iraq’s exemption for purchasing Iranian electricity, part of its “maximum pressure” strategy against Iran to curb its nuclear program. Iraq must now find alternative energy sources, while the U.S. encourages reduced reliance on Iran and sees opportunities for U.S. firms in Iraq’s energy market.
On Saturday, the Trump administration officially canceled Iraq’s exemption for purchasing Iranian electricity, a move tied to its “maximum pressure” campaign against Iran, as stated by a U.S. State Department spokesperson. This decision is intended to prevent Iran from receiving any economic relief and targets its nuclear ambitions, ballistic missile program, and support for terrorism.
The article highlights the U.S. government’s strategic move to cancel Iraq’s exemption for Iranian electricity purchases as part of its broader campaign to pressure Iran economically and politically. Iraq faces immediate challenges in maintaining electricity supplies, but is actively seeking alternatives. The ongoing diplomatic efforts emphasize energy independence from Iran and present opportunities for American companies in Iraq’s energy sector.
Original Source: www.jordannews.jo
