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Turkey closes ports to Iranian oil

panarmenian.net05/22nd/2019, 10:00

Turkey closes ports to Iranian oil

May 22, 2019 - 13:59 AMT

PanARMENIAN.Net - Turkey has closed its ports to Iranian oil, fully complying with U.S. sanctions against its main supplier, despite Ankara publicly criticising the United States’ move to end import waivers and warning of a struggle to tap alternative producers.

The U.S. decision to fully re-impose sanctions on Iranian oil ended a six-month reprieve for Turkey and seven other big importers as Washington steps up attempts to isolate Iran and choke off its oil revenues.

An American military presence in the region has also raised concerns over a potential U.S.-Iran conflict.

Full compliance allows Turkey to avoid U.S. sanctions even as its ties with the NATO ally are strained on several other fronts, including over the planned purchase of a Russian missile defence system that would trigger separate U.S. penalties.

Turkey’s largest oil refiner Tupras had pressed Washington for an extension of the import waiver before the May 1 expiration, according to a person familiar with the talks, adding that when it was not granted the comp...

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