Michael Knights

Iraqi Economists Network

شبكة الاقتصاديين العراقيين

The IRGC May Try to Divert Iraq’s Electricity Payments. By Michael Knights

Michael Knights

As Baghdad prepares to send large back payments to Tehran, any misappropriation could threaten the flow of electricity to Iraq and bolster sanctioned entities in Iran. Iraq and Iran's close trading ties are heavily unbalanced in Tehran's favor—$6.5 billion of Iranian exports to Iraq versus $60 million in the other direction. This disparity extends to electricity, where Iran

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