U.S. Reviews Sanctions Waivers for Iran; Encourages Iraq to Seek Energy Independence
The United States is reviewing all economic relief waivers for Iran and urging Iraq to wean off Iranian energy. The State Department announced the assessment of sanctions waivers and emphasized encouraging Iraq’s energy independence. This move aligns with the U.S. strategy to isolate Iran economically and curb its nuclear aspirations.
The United States is currently reviewing all sanctions waivers that grant Iran economic relief and is advising Iraq to quickly reduce its reliance on Iranian energy sources. This was announced by State Department spokesperson Tammy Bruce during her initial briefing under President Donald Trump’s administration.
Bruce stated that there is no current announcement regarding the renewal of a waiver allowing Iraq to pay Iran for electricity, as it is set to expire on March 8. She emphasized, “We are reviewing all existing sanctions waivers that provide Iran any degree of economic or financial relief.”
Furthermore, the U.S. is urging the Iraqi government to achieve energy independence promptly and commends Iraqi Prime Minister’s efforts in this regard. The U.S. government aims to isolate Iran from the global economy and curtail its oil export revenues to hinder the development of nuclear weapons.
The Trump administration reinstated the “maximum pressure” campaign against Iran soon after taking office in late January. The U.S. has imposed various sanctions on Tehran due to its nuclear ambitions and support for militant groups, effectively prohibiting other nations that engage with Iran from conducting business with the U.S.
Iran regards Iraq, a crucial ally and partner for both the United States and Iran, as essential for sustaining its economy in light of ongoing sanctions.
In summary, the United States is reevaluating sanctions waivers that benefit Iran and advocates for Iraq’s swift transition towards energy independence. The Trump administration’s approach seeks to diminish Iran’s economic ties globally, particularly emphasizing the importance of isolating it from the financial sphere to impede its nuclear weapon development.
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