Iraq's energy crisis deepens as the US has terminated the waiver allowing the country to import electricity from Iran. This decision aligns with President Trump's maximum pressure campaign against Iran, aimed at diminishing its economic benefits. Despite Iraq's rich oil and gas reserves, the nation has struggled with power shortages due to corruption and mismanagement. Consequently, Iraqi officials express concern over the lack of immediate alternatives to Iranian energy sources, escalating fears about electricity access in a country already facing severe infrastructure challenges.
The recent end of the US waiver has thrown Iraq into deeper energy crisis, making it harder for the nation to rely on local power generation.
Iraq's historical reliance on Iranian gas and electricity, coupled with years of mismanagement, leaves it ill-equipped to recover from the US sanctions.
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