Iraq Gets U.S. Approval To Clear $2.76 Billion Gas Debt To Iran

Iraq Gets U.S. Approval To Clear $2.76 Billion Gas Debt To Iran

OilPrice.com

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The Iran-Iraq Joint Chamber of Commerce Chairman, Yahya Al-e Eshaq, announced on June 10 that Iraq has released $2.76 billion worth of Iranian funds in gas export money owed by Baghdad. Iraq received a sanctions waiver from the US to make the payment. According to an unnamed foreign ministry official that spoke with Reuters, Foreign Minister Fuad Hussein got the clearance to make the payment from US State Secretary Antony Blinken on the sidelines of the Riyadh Conference on Thursday. Eshaq told Iranian media on Saturday…

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