Iraq’s recent energy deals with US companies were a mixed bag of loose agreements that need to be translated into firm commercial terms at a time when Washington failed to extend much-needed waivers for Iranian energy imports due to expire in September, analysts said this week. US Secretary of Energy Dan Brouillette hailed deals valued at as much as $8 billion as “key to Iraq’s energy future” and emphasized the need for the OPEC producer to be energy independent from Iran, without mentioning the waivers, according to an Aug. 19 statement from the US department of energy. OPEC’s second largest oil producer has been receiving waivers since the US reimposed sanctions on Iran’s energy sector in 2018. “The US is […]