By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Concealed RepublicanConcealed Republican
  • Home
  • Latest News
  • Guns
  • Politics
  • Videos
Reading: Trump admin ends waiver allowing Iraq to buy Iranian electricity
Share
Notification Show More
Font ResizerAa
Font ResizerAa
Concealed RepublicanConcealed Republican
  • News
  • Guns
  • Politics
  • Videos
  • Home
  • Latest News
  • Guns
  • Politics
  • Videos
Have an existing account? Sign In
Follow US
  • Advertise
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Concealed Republican > Blog > News > Trump admin ends waiver allowing Iraq to buy Iranian electricity
News

Trump admin ends waiver allowing Iraq to buy Iranian electricity

Jim Taft
Last updated: March 10, 2025 3:12 pm
By Jim Taft 5 Min Read
Share
Trump admin ends waiver allowing Iraq to buy Iranian electricity
SHARE

The Trump administration ended a waiver that allowed the Iraqi government to buy Iranian electricity in a renewed effort to choke off Iran’s profits.

National security advisor Mike Waltz told Iraqi Prime Minister Mohammed Shia al-Sudani that the end of the waiver was consistent with President Donald Trump’s “maximum pressure” campaign on Iran as the administration goes all-in on trying to prevent the regime from acquiring a nuclear weapon.

“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.” 

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. 

“The National Security Advisor urged the Iraqi government to work with the Kurdistan Regional Government to address remaining contract disputes and pay arrears owed to U.S. energy companies, and also requested that the Iraqi government retain an investment coordinator to work with U.S. companies seeking to invest and operate in Iraq,” according to a readout of Waltz’s call with the prime minister. 

IRAN’S SUPREME LEADER REJECTS NUCLEAR TALKS WITH US AFTER TRUMP’S OVERTURES

Trump first issued the sanctions waiver for Iraq when he began applying “maximum pressure” on Iran during his first administration.

The waiver only applied to electricity, where Iraqi reliance on Iran has precipitously fallen to just 4%. If the new move expanded to include gas used for power plants, however, it “would cause Iraq to lose more than 30% of its electricity energy,” according to a spokesperson for Iraq’s Ministry of Electricity, Ahmad Moussa, who said the nation is searching for alternatives. 

“There are two ways Iran can be handled – militarily, or you make a deal. I would prefer to make a deal…” – President Donald Trump

Former President Joe Biden continuously renewed the waiver until its expiration on Saturday. 

The U.S. has significant leverage over Iraq – $100 billion of its reserves are held in the U.S., and Washington could wield that leverage amidst Iran’s increasingly firm grip over Iraqi leadership. The U.S. still has a military presence of about 2,500 personnel stationed in Iraq to help fight ISIS. 

IRAN CAN MANUFACTURE 6 NUCLEAR WEAPONS WITH NEWLY ENRICHED URANIUM, UN ATOMIC AGENCY REPORT SAYS

Iran's ayatollah

Trump revealed he sent a letter to Iranian Supreme Leader Ayatollah Ali Khamenei, pushing for Tehran to agree to a nuclear agreement — or face military consequences.

“I’ve written them a letter, saying I hope you’re going to negotiate because if we have to go in militarily it’s going to be a terrible thing for them,” Trump told FOX Business on Friday. “There are two ways Iran can be handled – militarily, or you make a deal,” Trump said. “I would prefer to make a deal, because I am not looking to hurt Iran.”

Mike Waltz in purple tie and gray jacket

According to nuclear experts, Iran is already enriching uranium to 60%, putting it mere days or weeks away from 90% weapons-grade supply.

On Saturday, Ayatollah Ali Khamenei said Iran would not negotiate with “bullying countries.” 

Iran currently exports an average of 1.5 million barrels of oil per day, but under Trump’s Feb. 6 executive order, the secretaries of State and Treasury are to work to “implement a campaign aimed at driving Iran’s oil exports to zero.” 

The U.S. is also working to end a sanctions waiver for the Chabahar port in Iran, where India has poured in $370 million to build a trading gateway to the Middle East. 

Next, the U.S. could set its sights on China, which buys up 90% of Iran’s oil outflow. 

Read the full article here

You Might Also Like

Fyre Festival 2 postponed: Former designer raises red flags about do-over event

Meta is ending its fact-checking program

Anti-Gun Group Targets 50 Cal in New ‘Study’

CA wildfire support from Snoop Dogg, Billie Eilish draws awareness to LA Dream Center

FDA launches major crackdown on toxic food dyes

Share This Article
Facebook X Email Print
Previous Article After Epstein File Debacle, Skepticism Rises Over DOJ’s RFK & MLK Document Release After Epstein File Debacle, Skepticism Rises Over DOJ’s RFK & MLK Document Release
Next Article Gunman allegedly brandishes weapon near White House — until Secret Service intervenes Gunman allegedly brandishes weapon near White House — until Secret Service intervenes
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Joe Biden Would Get’ Lost in His Closet’ at White House [WATCH]
Joe Biden Would Get’ Lost in His Closet’ at White House [WATCH]
Politics
Hugh Jackman’s friend says ‘he’s moving on’ after ex-wife’s ‘betrayal’ statement
Hugh Jackman’s friend says ‘he’s moving on’ after ex-wife’s ‘betrayal’ statement
News
California Democrats Now Questioning Their Own Policies as Gas Price Crisis Looms [WATCH]
California Democrats Now Questioning Their Own Policies as Gas Price Crisis Looms [WATCH]
Politics
Transgender athlete wins California girls track titles despite Trump warning
Transgender athlete wins California girls track titles despite Trump warning
News
Pro-Palestinian Rant at MIT Graduation Speech Sparks Boos, Backlash, and Walkout [WATCH]
Pro-Palestinian Rant at MIT Graduation Speech Sparks Boos, Backlash, and Walkout [WATCH]
Politics
Elon Musk denies ketamine use after viral Mar-a-Lago spoon balancing video
Elon Musk denies ketamine use after viral Mar-a-Lago spoon balancing video
News
© 2025 Concealed Republican. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?