Iraq will start paying for its Iranian gas imports with oil, to circumvent the complicated mechanism agreed with Washington in order not to contravene US sanctions, the prime minister said Tuesday. Iranian gas is crucial for Iraq's electricity generation, but US sanctions on Iranian oil and gas impose restrictions on how Baghdad can pay for the imports. Iraq cannot directly hand over cash to Iran, but payments must be held in a bank account and be used by Tehran to fund imports of food and medicines. The payment system has left Iraq in heavy arrears and prompted Iran to respond by periodically switching off the taps. Ravaged by decades of conflict and international
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