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Exclusive: Turkey to Iran gold trade wiped out by new U.S. sanction
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Original Message
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, largely frozen out of the global banking system by Western sanctions over its nuclear program
[
link to news.yahoo.com
]
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