Iran Economy NewsTurkey doesn't plan to curb Iran petroleum-products trade, minister...

Turkey doesn’t plan to curb Iran petroleum-products trade, minister says

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Bloomberg: Turkey sees no reason to curb a trade in petroleum products with neighbor Iran, Turkish Energy Minister Taner Yildiz said.

Bloomberg

By Ali Berat Meric

Turkey sees no reason to curb a trade in petroleum products with neighbor Iran, Turkish Energy Minister Taner Yildiz said.

United Nations sanctions on Iran don’t cover the trade and “right now we believe that commercial companies can carry out this business,” Yildiz said in Trabzon. “It’s a functioning commercial relationship.”

He said the trade involves Turkish companies importing crude oil from Iran and selling refined products to Iran in return, Yildiz said. He didn’t give any figures for the size of the trade.

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