Iraq gets exemption from U.S. sanctions on Iran’s energy exports

Bloomberg – Iraq will continue to have access to the energy it needs from Iran to generate and supply electricity, Brian Hook, the special representative for Iran at the U.S. State Department, said Monday on a media conference call.

“Iraq has been granted an exemption” to the energy sanctions the U.S. has reimposed on Iran, Hook said, without providing details.

Iraq is still importing natural gas and electricity from neighboring Iran and has set up a bank account to process payments in Iraqi dinars, according to two Iraqi government officials, who asked not to be identified because they’re not authorized to speak to media.