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‘Iraq to Pay for Energy Imports from Iran in Euros to Mitigate Impact of US Bans’

‘Iraq to Pay for Energy Imports from Iran in Euros to Mitigate Impact of US Bans’

The Iranian energy minister says Iran and Iraq have reached an agreement under which Baghdad will pay for Iran’s energy sales to Iraq in euros in a bid to mitigate the problems caused by the US sanctions. Speaking to reporters after a Wednesday cabinet session, Reza Ardakanian noted banks accounts will be opened for that purpose. “The new agreement which was made and...

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Baghdad Iran Iranian Iraq Reza Ardakanian US