Exclusive: Turkey to Iran gold trade wiped out by new U.S. sanction

ISTANBUL (Reuters) - Tighter U.S. sanctions are killing off Turkey's gold-for-gas trade with Iran and have stopped state-owned lender Halkbank from processing other nations' energy payments to the OPEC oil producer, bankers said on Friday. U.S. officials have sought to prevent Turkish gold exports, which indirectly pay Iran for its natural gas, from providing a financial lifeline to Tehran ...

News source: Yahoo! News

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