US renews 120-day waiver allowing Iraq to pay Iran for electricity

The United States has renewed a 120-day waiver allowing Iraq to pay Iran for electricity, U.S. officials said on Tuesday, adding Iran could only use the funds for humanitarian trade and seeking to blunt conservative criticism who oppose giving Tehran access to funds. "Today ... we are renewing Iraq's electricity waiver.

The United States has renewed a 120-day waiver allowing Iraq to pay Iran for electricity, U.S. officials said on Tuesday, adding Iran could only use the funds for humanitarian trade and seeking to blunt conservative criticism who oppose giving Tehran access to funds.

"Today ... we are renewing Iraq's electricity waiver. This is the 21st electricity waiver since 2018. The renewal will be for another 120 days. This action will allow Iraq to use its own funds to render payment for Iranian electricity imports into restricted Iranian accounts in Iraq," a U.S. official told reporters on condition of anonymity.

(Reporting By Simon Lewis, Humeyra Pamuk in Washington; Writing by Arshad Mohammed; Editing by Howard Goller)

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