US Opposes Pakistan-Iran Gas Pipeline Project, Citing Sanctions Risk
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The United States has expressed its opposition to the Pakistan-Iran gas pipeline project, known as the Peace Pipeline, and has warned about the risk of sanctions in doing business with Iran. The project, which has faced delays and funding challenges, aims to construct a gas pipeline from Iran to the Pakistani port city of Gwadar. Pakistan's Petroleum Minister, Musadik Malik, had earlier stated that Islamabad was seeking a US sanctions waiver for the project. However, a US State Department spokesperson has now stated that they do not support the pipeline going forward and advised caution in doing business with Iran due to the risk of sanctions. The US has issued multiple rounds of sanctions on Iranian entities. The US administration's opposition to the gas pipeline project comes after a sen...
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