
Trump admin ends waiver allowing Iraq to buy Iranian electricity as part of 'maximum pressure' campaign
Fox News
The Trump administration ended a waiver that allowed the Iraqi government to buy Iranian electricity as part of its "maximum pressure" campaign on the Islamic republic.
"Waltz welcomed the Iraqi Prime Minister’s efforts to achieve energy independence for Iraq, and encouraged the Iraqi government to welcome more western and U.S. energy companies into Iraq’s oil and gas sectors." "There are two ways Iran can be handled - militarily, or you make a deal. I would prefer to make a deal…" - President Donald Trump
Waltz also urged the Iraqi government to resolve its dispute with the Kurdistan Regional Government, where Iraq has been choking off the flow of oil from the Kurdistan region in Iraq to Turkey for years, allowing the region’s continued dependence on Iranian oil.
It is part of a global push to boost oil supply and keep prices in check, in an effort that would starve Iran and Russia of fuel profits.