The United States' decision not to renew waivers includes only electricity imports from Iran, not all gas imports, FGE revealed.
Iraq relies on Iran for 22% of its total gas and electricity imports according to FGE, raising concerns over whether Iraq can sustain its power grid without alternative supplies.
FGE’s Middle East managing director, Iman Nasseri, noted, "While gas imports are technically exempt, US authorities could sanction Iraq’s payment mechanisms if they violate sanctions." Experts warn that the decision could disrupt supply chains as Iraq’s dependence on Iranian gas "remains critical."
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