Iraq extends Lebanon fuel deal for 1 year

With the government unable to provide fuel to public power plants, most homes in the country have been left without state-provided electricity for around 22 hours every day.
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Updated 11 August 2022
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Iraq extends Lebanon fuel deal for 1 year

BEIRUT: Iraq’s government has agreed to continue supplying Lebanon’s electricity company with heavy fuel oil for another year, Lebanon’s caretaker prime minister said on Thursday, alleviating pressure on Lebanon’s struggling power grid.

Najib Mikati said he had made the request to Iraq’s Prime Minister Mustafa Al-Kadhemi, who agreed to extend the same terms of the agreement signed last year.

In July 2021, Iraq offered the cash-strapped Lebanese government 1 million tons of heavy fuel oil a year in exchange for services including healthcare for Iraqi citizens.

The deal was meant to alleviate Lebanon’s acute power shortage, which last summer reached crisis levels when the government was unable to subsidize fuel imports.

Lebanon subsequently removed those subsidies and domestic fuel prices skyrocketed. Russia’s invasion of Ukraine then further bumped up international prices this year.

With the government unable to provide fuel to public power plants, most homes in the country have been left without state-provided electricity for around 22 hours every day.


Aoki beat Brady to win dramatic E1 Jeddah GP and take early championship lead

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Aoki beat Brady to win dramatic E1 Jeddah GP and take early championship lead

  • The win marked the second time Aoki Racing Team has triumphed in Jeddah, giving the outfit an early lead in the championship

JEDDAH: Aoki Racing Team claimed victory at the E1 Jeddah GP 2026 after an intense final on the waters of the Red Sea, Saudi Arabia, fending off defending champions Team Brady.

The win marked the second time Aoki Racing Team has triumphed in Jeddah, giving the outfit an early lead in the championship. Pilots Sara Misir and Dani Clos delivered a commanding performance in front of thousands of spectators, capitalizing on a decisive final run.

After the checkered flag, Team AlUla — championed by LeBron James — were promoted to third place after debutants Sierra Racing Club received a penalty for an overtaking infringement, dropping them to fifth.

The race was packed with drama from the outset, with Misir going foil-to-foil with Team Rafa’s Spanish pilot Cris Lazarraga into the opening corner. There was a slight touch between the two E1 RaceBirds, with Misir emerging ahead.

Teammate Clos had earlier done the groundwork in Final 1 to secure the inside lane for Misir. The Jamaican pilot then dominated the remaining six laps, showcasing a strong display of teamwork and race control.

Misir was also awarded the coveted PIF Pilot of the Day award in recognition of her outstanding performance on debut for Aoki Racing Team. Her racecraft, control and consistency under pressure stood out throughout the day’s racing.

The Jeddah race marked the championship’s now traditional Saudi season opener, reinforcing the Kingdom’s growing role in the future of electric sport, sustainable mobility and innovation on water.

Trophies were presented to Aoki Racing Team by HRH Prince Abdulaziz bin Turki Al-Faisal, minister of sport; to Team Brady by HRH Prince Sultan bin Fahd bin Salman Al-Saud, chairman of the Saudi Water Sports and Diving Federation; and to Team AlUla pilots by Sophi Horne, founder and chairman of Seabird Technologies.

Misir said: “It feels good. Dani went out there and finished P1, so I knew I had big boots to fill. I went out, kept my head down and tried my hardest.”

Her teammate, Clos, added: “I’m on a cloud. This is an amazing place to be — I’m happy with Aoki Racing Team, happy with everyone around me. This is super special for us.”

Alejandro Agag, founder and chairman of E1, who also presented trophies to the winning representatives, said: “Seeing Aoki Racing Team clinch victory here today in Jeddah by beating the defending champions was an exhilarating spectacle, framed against the Red Sea skyline.

“All the teams were cheered on by thousands of spectators who gathered to watch the racing action. Our thanks go to them and our fantastic partners — the Saudi Water Sports and Diving Federation and the Ministry of Sport — who have once again extended their hospitality and helped us deliver an incredible event.”

Attention now turns to Lake Como, Italy, from April 24–25, as the championship heads to Europe for the next stop on its global tour.