President Trump’s executive order has revoked Iraq’s waiver to import Iranian gas, vital for electricity. This could worsen Iraq’s energy crisis and has raised fears of public unrest and political instability. Experts suggest Iraq explore alternative energy solutions, especially as electricity demand surges in summer.
On Wednesday, US President Donald Trump signed an executive order terminating Iraq’s exemption to import gas from Iran, a crucial source for electricity generation. Experts warn that this decision could exacerbate Iraq’s ongoing energy crises, which already destabilize the nation’s political and economic foundations. The new measures intend to impose maximum pressure on Iran, which is likely to impact Iraq’s energy stability and financial interactions with Iran.
The NS Presidential Memorandum (NSPM-2) focuses on restricting Iranian oil exports and enforcing additional sanctions. This directive also prioritizes isolating Iran internationally, aiming to hinder the movements of the Islamic Revolutionary Guard Corps and associated militias. As a result, pro-Iran groups in Iraq may face new sanctions under this executive order.
Experts, like Harry Istepanian, have indicated that Iraq is already facing challenges, with warning signs for another potential electricity crisis this upcoming summer. Iran is reportedly unable to meet its gas export commitments to Iraq, which could lead to widespread public unrest and heightened political instability.
Iraq’s electricity ministry plans to enhance power generation through steam and gas plants, working with international partners to close the energy gap over the next few years. Meanwhile, the Kurdistan Regional Government has been instructed to cease oil smuggling to Iran, or face US sanctions, highlighting the regional implications of the US order.
Iraqi politicians express mixed feelings about the sanctions, explicitly questioning how Iraq will replace Iranian gas. Some officials believe the new measures may stabilize Iraq while others worry they indicate ongoing foreign intervention that may not yield immediate solutions to pressing issues such as cash liquidity.
As public demand for electricity grows in the summer, the potential for protests and unrest remains high. The ongoing economic challenges and foreign systemic issues indicate that Iraq may continue to experience significant repercussions from these recent US measures. The situation emphasizes the necessity for Iraq to seek alternative energy sources and alliances to mitigate dependency on Iranian gas.
This article discusses the implications of President Donald Trump’s executive order that ended Iraq’s exemption for Iranian gas imports crucial for electricity generation. The order is part of broader US sanctions aimed at Iran, impacting Iraq’s energy stability and political landscape. As Iraq struggles with chronic power shortages, analysts express grave concerns about potential unrest and the government’s ability to manage public demand for electricity during summer months.
In conclusion, the termination of Iraq’s exemption for Iranian gas imports poses serious challenges for the country’s energy stability, risking increased public unrest as summer approaches. The executive order aims to pressure Iran but complicates Iraq’s energy needs and its relationship with both the US and Iran. The Iraqi government must quickly identify alternative energy sources and solutions to avoid exacerbating political tensions and social discontent.
Original Source: www.newarab.com