Iraq Extends Fuel Supply to Lebanon for Six Months
Iraq Extends Fuel Supply to Lebanon for Six Months

Iraq Extends Fuel Supply to Lebanon for Six Months

News summary

Iraqi Prime Minister Mohammed Shia al-Sudani has approved a six-month extension for fuel supplies to Lebanon, a move aimed at aiding the country's ongoing power crisis. This decision was communicated during a phone call with Lebanese Parliament Speaker Nabih Berri, who expressed gratitude for Iraq's support. The fuel supply agreement, originally established in July 2021, allows Lebanon to receive heavy fuel oil, which it trades for gas oil essential for its electricity infrastructure. Despite the deal providing temporary relief, Lebanon continues to face significant economic challenges, including a debt exceeding $1 billion. Al-Sudani condemned recent Israeli airstrikes in Beirut, framing them as part of escalating tensions in the region, while reaffirming Iraq's commitment to Lebanon's stability and reconstruction. Berri emphasized the need for deeper bilateral cooperation in various sectors, including energy and healthcare.

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Center 67%
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Last Updated
3 days ago
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