Iraq has agreed to pay about $2.76 billion in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said.
Iraqi Foreign Minister Fuad Hussein was given the clearance during a meeting with U.S. Secretary of State Antony Blinken on the sidelines of the Riyadh Conference on Thursday, the foreign ministry source, who spoke on condition of anonymity because he is not authorised to speak to the media, told Reuters.
However, U.S. sanctions on Iranian oil and gas have hampered Iraq's payments for imports, putting it in heavy arrears and leading Iran to retaliate by cutting gas flows regularly. The Iraqi foreign ministry source said that the funds will be transferred through the Commercial Bank of Iraq and confirmed that the money will be used for Iranian pilgrims' expenses and foodstuffs imported by Iran.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Playbook: The United States v. Donald TrumpFor the first time in American history, a former president has been indicted by a U.S. Department of Justice that, less than 900 days ago, was housed in the executive branch he controlled. He could face years in prison if found guilty.
Leer más »
White House denies report on Iran oil deal; WTI reboundsOn Thursday, the White House denied a report that the United States and Iran were close to a deal in which Iran would limit its nuclear program in ret
Leer más »
US denies report of nearing interim nuclear deal with IranThe White House on Thursday denied a report that the United States and Iran were nearing an interim deal under which Iran would curb its nuclear program in return for sanctions relief.
Leer más »
Trouble in Paradise: Native Hawaiians being forced out of expensive island lifeMore Native Hawaiians live in the continental United States than on the islands.
Leer más »
US and Iran both deny report of nearing interim nuclear dealThe United States and Iran on Thursday both denied a report that they were nearing an interim deal under which Tehran would curb its nuclear program in return for sanctions relief.
Leer más »
Belmont racing, baseball games postponed over air quality issuesWildfires from Canada have pushed smoke into the United States, causing poor air quality in some states.
Leer más »