US National Security Advisor Michael Waltz on Monday urged the Iraqi government to work with the Kurdistan Regional Government (KRG) to pay the debts of US energy companies and called on Baghdad to encourage greater American investment after a waiver for importing Iranian gas was rescinded.
The U.S. has withdrawn a waiver permitting Iraq to pay Iran for electricity, as part of its strategy to exert pressure on Tehran's nuclear and military ambitions. This development encourages Iraq to reduce its energy reliance on Iran,