Turkey has stopped buying Iran oil to respect US sanctionsChristian Fernsby ▼ | May 23, 2019
Ankara stopped importing oil from Iran at the beginning of May out of “respect” for American sanctions despite disagreeing with them, a Turkish official said.
Asia Iranian oil
Since pulling out of the landmark Iran nuclear deal a year ago, US President Donald Trump’s administration has hit Iran with severe sanctions prohibiting the export of Iranian oil, as well as targeting countries that continue to purchase it.
Turkey was among eight countries, also including China, India and Japan, that were initially exempt from the sanctions and allowed to continue importing Iranian crude, but the exemption ended May 2 and has not been renewed.
Ankara initially appeared unwilling to comply, but according to the anonymous official, Turkey did stop importing Iranian oil after May 2. ■