Iran just restarted natural gas exports to Iraq…We’re talking about roughly 7 million cubic meters of gas per day…Why is this so important? Because Iraq relies heavily on the gas to keep the lights on. When these supplies stopped late last year, Iraq immediately lost thousands of megawatts of electricity…Here’s the bigger story. The US has been pushing Iraq to reduce its reliance on Iranian energy. But the reality is Iraq still gets a huge amount of its electricity from Iranian fuel…So despite sanctions, threats, pressure, and political tension, Baghdad doesn’t really have a choice. Iraq needs the power…When the gas stops the lights go out. :Sandy Ingram
