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Saudi and Kuwait move to support Iraq amid protests over electricity crisis

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Saudi and Kuwait move to support Iraq amid protests over electricity crisis

Post by GirlBye on Sun Jul 22, 2018 4:20 pm

A new energy deal may be under way as Iraqi officials plan to head to Riyadh for talks

Iraqi riot forces stand guard as protesters demonstrate at Al Tahrir Square in central Baghdad, Iraq, on July 20, 2018

Iraqi officials plan to travel to Riyadh to strike an energy deal with Saudi Arabia as protests over electricity cuts reach Baghdad.
This came after Iran severed its electricity supply to Iraq’s southern provinces of Ziqar and Meysan last month, saying Iraq had failed to pay its mounting debt to Tehran.

Saudi Arabia and Kuwait are now looking to fill the void left by Iran’s moveKuwait, on Saturday, also announced it would send 30,000 cubic meters of diesel to Iraq to help with electricity generation in the south. The first shipment was said to have been delivered on Saturday.

The unrest presents a potentially unique opportunity for the Saudis, who seek to curb Iranian influence in Iraq and potentially cut them off from supply routes reaching Syria, where Iran has propped up Tehran-leaning rebels.
More than 75 per cent of Iraq’s accessible oil reserves are found in the country's southern provinces.
Gulf countries over the last year have made a push to improve relations with Iraq as part of their policy to counter Iran’s perceived meddling in Arab affairs.

Iran over the weekend threatened to block oil exports in the Gulf if moves were put into place to bar Iran from exporting fossil fuels.
The US is imposing sanctions on Iran in an attempt to bar it from exporting oil.

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