Skip to main content

Iran questions Iraq's promise to import oil despite sanctions

In a surprising statement, Iran's oil minister recently complained that Iraq is abiding by the US sanctions and canceling some energy deals with Iran.

RTX1X53Rb.jpg
Iranian Oil Minister Bijan Zangeneh talks with journalists during a meeting of OPEC oil ministers in Vienna, Austria, Dec. 4, 2015. — REUTERS/Heinz-Peter Bader

Iran and Iraq have quite different views of their relationship status, with Tehran claiming it's been jilted and Baghdad declaring it's being faithful.

Iranian Minister of Petroleum Bijan Zangeneh surprised Iraqi officials Feb. 7 when he very publicly expressed dissatisfaction with Iraq “reversing some oil agreements, and refusing to invest in the border oil fields and to pay Iran its [$2 billion in] debts.” He indicated that “Baghdad's commitment to the US sanctions has prompted [Iraq] to revoke minor agreements, such as the Kirkuk deal, under which we traded 11,000 barrels of oil a day."

Related Topics

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in