Iraq May Face Potential Power Cuts As US Sanctions Waiver Ends
Iraq may experience power cuts as the US ends its sanctions waiver for electricity purchases from Iran, allowing the country to reduce its reliance on Iranian energy sources. The expired waiver applied to direct electricity imports, and it remains uncertain if Iraq can continue importing gas from Iran to fuel its power plants. Losing this supply could result in a significant reduction in the electricity supply, posing challenges to the already struggling Iraqi power sector.
- The fragility of global supply chains may be exposed in Iraq's situation, where timely delivery of parts is crucial for maintaining power generation and distribution.
- Will Iraq's government be able to develop alternative energy sources quickly enough to mitigate the impact of losing Iranian gas imports, or will it exacerbate existing power shortages?