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Trump Administration Ends Iraq's Waiver to Buy Iranian Electricity

The Trump administration has ended a waiver allowing Iraq to pay Iran for electricity as part of President Donald Trump's "maximum pressure" campaign against Tehran, a decision that ensures the U.S. does not allow Iran any degree of economic or financial relief. The move aims to end Iran's nuclear threat, curtail its ballistic missile program, and stop it from supporting terrorist groups. The waiver's expiration presents temporary operational challenges for Iraq, which is actively working on alternatives to sustain electricity supply.

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Iraq May Face Potential Power Cuts As US Sanctions Waiver Ends Δ1.87

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.

Iraq Has No Immediate Alternative to Iranian Energy Imports Δ1.84

Iraq's reliance on Iranian energy imports poses a significant challenge for its electricity supply, particularly as summer approaches and domestic consumption peaks. Energy officials have indicated that without urgent alternatives, the country will struggle to meet its power demands following the recent U.S. decision to rescind a waiver that permitted Iraq to pay Iran for electricity. The situation highlights the precariousness of Iraq's energy infrastructure and its vulnerability to geopolitical tensions.

US Mulls Plan to Disrupt Iran's Oil by Halting Vessels at Sea Δ1.80

The Trump administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction, potentially delaying delivery of crude to refiners and exposing parties involved in facilitating the trade to reputational damage and sanctions. The move could have significant implications for Iran's economy, which relies heavily on oil exports for revenue. If successful, the plan could also set a precedent for other countries to take similar action against Iranian oil shipments.

Iran Takes the Reins on Its Own Nuclear Future Δ1.78

Iran has rejected U.S. President Donald Trump's letter urging the country to negotiate a nuclear deal, citing its own policy positions and sovereignty in foreign affairs. The Kremlin has confirmed no consultations were held with Iran before or after the letter was sent. Kremlin spokesman Dmitry Peskov emphasized that Iran seeks negotiations based on mutual respect and constructive dialogue.

Iran Will Not Negotiate Under US 'Bullying', Supreme Leader Says Δ1.77

Iran's Supreme Leader Ayatollah Ali Khamenei has asserted that Tehran will not be coerced into negotiations, dismissing the US's offer as an attempt to "impose their own expectations". The US President Donald Trump had sent a letter to Iran's top authority proposing talks on nuclear deal, but Khamenei described it as an attempt at "bullying" and stated that Iran would not accept any new demands. This stance reflects Tehran's resolve to maintain its sovereignty in the face of external pressure.

How Officials Are Reacting to Trump Pausing Military Aid to Ukraine. Δ1.76

U.S. President Donald Trump's decision to pause military aid to Ukraine has sparked a wave of criticism from various officials, highlighting growing concerns over Russia's potential aggressions. Prominent voices, including U.S. Senator Jeanne Shaheen and Ukrainian officials, warn that this move undermines Ukraine's defense and emboldens Russian aggression. International reactions emphasize the need for continued support for Ukraine, stressing that halting aid could jeopardize peace efforts and regional security.

Iraqi Kurdistan Oil Export Talks End Without Deal Despite US Push Δ1.76

Negotiations to resume oil exports from Iraqi Kurdistan to Turkey have once again failed, primarily due to disagreements over pricing and payment terms, marking the second unsuccessful attempt within a week. The involvement of a U.S. diplomat in the discussions highlights Washington's urgent interest in resolving the stalemate, which is partly driven by broader geopolitical pressures, including sanctions on Iran. As the Iraqi government navigates these complex negotiations, the potential for further economic ramifications looms large, impacting both regional stability and global oil prices.

US Mulls How to Ease Russia Energy Sanctions Quickly If War Ends, Sources Say Δ1.76

The U.S. government is considering options to quickly ease sanctions on Russia's energy sector, contingent on a peace agreement to end the Ukraine war. This initiative reflects efforts to prepare for potential negotiations between President Trump and President Putin, as analysts suggest that sanction relief could be a key element in any deal. The inquiry also addresses past delays in lifting sanctions, aiming to streamline the process to avoid disruptions in global markets.

Trump Foreign Aid Freeze to Stay, Supreme Court Chief Says Δ1.76

The US Supreme Court has granted temporary permission for the Trump administration's freeze on foreign aid payments to remain in place, despite opposition from protesters who argue that cuts to foreign aid programmes are unacceptable. The move came as the administration faced a midnight deadline to pay contractors and officials had argued that they could not process the payments within the timeframe set by a lower court judge. This development underscores the Trump administration's efforts to shrink the federal workforce and cut costs in its drive to reduce foreign aid.

Trump Says He Sent Letter to Iran Leader to Negotiate Nuclear Deal Δ1.76

Trump says nuclear talks would be 'a lot better for Iran'.Says situation can be addressed by a deal, or militarilyUS leader says he is not looking to hurt IranWestern officials fear a nuclear-armed Iran could threaten Israel, Gulf Arab oil producers, and spark a regional arms race.

Turkey Wants Iraq-Turkey Pipeline to Operate at Maximum Capacity Δ1.76

Turkey wants an Iraq-Turkey oil pipeline to operate at maximum capacity once it resumes flows through Turkey's Ceyhan, as stated by Turkish Energy Minister Alparslan Bayraktar. The pipeline was halted in 2023 after the International Chamber of Commerce ordered Ankara to pay $1.5 billion in damages for unauthorized exports between 2014 and 2018. Turkey has been ready to resume operations at the pipeline since late 2023, with Bayraktar stating that it is essential to use the full capacity of the pipelines.

Trump Military Aid Pause Looks Like Attempt to Push Kyiv Towards Capitulation. Δ1.76

U.S. President Donald Trump's pause of all military aid to Ukraine has been described as a psychological blow and political blow upon the country, undermining its spirit in the face of ongoing conflict with Russia. The move comes after Trump adopted a more conciliatory stance towards Moscow, upending U.S. policy on Ukraine. The aid pause raises concerns about the authority of Trump's actions within government agencies under the U.S. Constitution.

Supreme Court Rejects Trump Bid to Withhold $2bn in Foreign Aid Δ1.75

The US Supreme Court has rejected a request by the Trump administration to withhold nearly $2bn in payments to foreign aid organisations for work they have already performed for the government. The court upheld a lower court ruling ordering the administration to release the funds to contractors and grant recipients of the US Agency for International Development and the State Department. This decision marks a significant victory for President Barack Obama's aid programmes, which were previously targeted by Trump's cost-cutting initiatives.

Ontario's Doug Ford Says He Could Cut Electricity to US over Tariffs Δ1.75

Doug Ford has threatened to cut off power supply to the US if President Donald Trump continues with tariffs against Canada, in a move that could have significant implications for energy trade between the two countries. The Ontario premier has announced a retaliatory plan, including a 25% surcharge on Canadian electricity exports to three US states: Michigan, New York and Minnesota. This measure is aimed at punishing the US for imposing tariffs on Canadian goods, but it also risks disrupting the power supply to millions of Americans in those states.

US Military Aid Pause Is a Blow to Ukraine, but Not Fatal for Now Δ1.75

U.S. President Donald Trump's suspension of military assistance to Ukraine has dealt a significant blow to Kyiv's ability to defend itself, particularly in terms of air defences and precision strike capabilities. However, Ukraine's reduced reliance on U.S. weapons means the impact of this pause will be less severe than it would have been earlier in the war. The depletion of inventories over time may lead to more pronounced effects, including shortages of artillery shells.

Trump Tariffs Live: Trade War as US Hits China, Canada, and Mexico; Military Aid to Ukraine Paused Δ1.75

The United States has imposed significant tariffs on imports from China, Canada, and Mexico, triggering immediate retaliatory measures from affected nations, including additional tariffs from China and a promise of responses from both Canada and Mexico. Concurrently, President Trump has paused military aid to Ukraine, prompting concerns about the country's military readiness and reliance on Western support amid ongoing conflict with Russia. Analysts suggest that these moves may not only escalate tensions in international trade but also shift the dynamics of military support in Eastern Europe.

US Foreign Aid Contractors Face Judge After Supreme Court Boost Δ1.74

The case before US District Judge Amir Ali represents an early test of the legality of Trump's aggressive moves since returning to the presidency in January to assert power over federal spending, including funding approved by Congress. The Supreme Court's 6-3 decision to uphold Ali's emergency order for the administration to promptly release funding to contractors and recipients of grants has given plaintiffs a new lease on life. However, despite the Supreme Court's action, the future of the funding remains unclear.

Trump Says US Has "Just About" Ended Pause on Ukraine Intel Sharing Δ1.74

The U.S. President's statement on ending the suspension of intelligence sharing with Ukraine comes as a potential lifeline for the country, which faces significant challenges in defending itself against Russian missile strikes. The move could also signal a shift in Trump's approach to negotiating with Ukrainian officials and potentially paving the way for increased cooperation between the two countries. However, questions remain about the implications of this development on the ongoing conflict and its impact on regional stability.

Russia Agrees to Help Trump Communicate with Iran on Nuclear Issue Δ1.74

Russia has agreed to assist U.S. President Donald Trump's administration in communicating with Iran on various issues, including on Tehran's nuclear programme and its support for regional anti-U.S. proxies. The move reflects the deepening ties between Russia and Iran since the start of the Ukraine war. This development marks a significant shift in the complex geopolitics surrounding Iran's nuclear programme.

Trump Calls for End to $52 Billion Chips Act Subsidy Program Δ1.74

The US government is on the verge of dismantling a bipartisan $52 billion semiconductor subsidy program that has driven significant investments from major companies like Taiwan Semiconductor Manufacturing Co. and Intel Corp. The program's elimination could have far-reaching implications for the global electronics industry, particularly in the wake of President Trump's recent comments. Industry insiders are already anticipating a shift towards tariffs as a means of reducing reliance on Asian suppliers, a move that could significantly alter the competitive landscape.

Trump Threatens Russia with Sanctions Until Ukraine Peace Reached Δ1.74

Trump's threats of large-scale sanctions on Russia follow a pause in US military aid and intelligence support to Ukraine, as he calls for both countries to negotiate a peace deal. Russian forces have almost surrounded thousands of Ukrainian troops in the Kursk region, leading to concerns about the stability of the situation. The US president has expressed a willingness to ease sanctions on Russia's energy sector if Moscow agrees to end the Ukraine war.

TRUMP May Restore Ukraine Aid PENDING Confidence-Building Measures Δ1.74

President Donald Trump will consider restoring aid to Ukraine if peace talks are arranged and confidence-building measures are taken, White House national security adviser Mike Waltz said on Wednesday. Trump halted military aid to Ukraine on Monday, his latest move to reconfigure U.S. policy and adopt a more conciliatory stance toward Russia. The letter from Ukrainian President Volodymyr Zelenskiy that expressed willingness to come to the negotiating table was seen as a positive first step.

US Supreme Court Won't Let Trump Withhold Payment to Foreign Aid Groups Δ1.74

The US Supreme Court has handed a setback to President Donald Trump's administration by upholding a lower court order that requires the release of funding to foreign aid organizations for work they already performed. The court's 5-4 decision allows the agencies to disburse the nearly $2 billion in frozen funds, which had been threatened with being withheld due to Trump's "America First" agenda. This ruling marks a significant victory for aid groups and humanitarian organizations that relied on these payments to continue their work around the world.

US Said to Halt Offensive Cyber Operations Against Russia Δ1.74

The United States has reportedly ceased its offensive cyber operations against Russia as part of a strategic shift by the Trump administration to facilitate negotiations aimed at ending the war in Ukraine. This decision, authorized by Defense Secretary Pete Hegseth, marks a significant change in the U.S. government's approach to perceived cyber threats from Russia, despite earlier assessments labeling Russia as an enduring cyber threat. The halt in operations, which does not extend to espionage efforts by the NSA, reflects broader tensions regarding cybersecurity priorities and the administration's evolving threat assessment.

US Pauses Offense Against Russia in Cyber War Δ1.74

The reported directive from the defence secretary comes during an American push to end the war in Ukraine. US President Donald Trump's administration is pausing its offensive cyber operations against Russia, officials say, as a diplomatic push continues to end the war in Ukraine. The reasoning for the instruction has not been publicly stated, and it is not clear how long the halt might last.