Skip to main content
Black Listed News

U.S. says in talks with Turkey over Iran gas-for-gold

Published: December 6, 2012
Share | Print This

Source: Reuters

U.S. diplomats are in talks with Ankara over the flow of gold from Turkey in exchange for Iranian natural gas, the State Department said on Tuesday.

"We continue, obviously, to consult closely with Turkey - as we do with all the countries - on the scope of U.S. sanctions against Iran," State Department spokesman Mark Toner told reporters at a daily briefing.

"Certainly we would pursue any evidence of potentially sanctionable transactions," Toner said.

Turkey relies on natural gas imports from Iran and has been paying for it using Turkish lira. In turn, Tehran has used the lira to buy Turkish gold. Couriers carry the gold to Dubai and from there, it is then shipped to Iran.

Turkey also imports Iranian oil as Washington has granted it exemptions from sanctions for that trade since Ankara has reduced its purchases.


Share This Article...

More Blacklisted News...

Free Newsletter
Blacklisted Radio
Blacklisted Nation
On Twitter
On Facebook
Podcasts on Demand
Podcasts on Spreaker
Podcasts on Stitcher
Podcasts on Youtube
Podcasts on iTunes
Podcasts on Tunein
Podcasts on Roku

Support Us
Donate Today!

6 Dollar Tshirts

Calling for Contributors!

Got something to say?
We want to hear from you.

Submit your article contributions and participate in the world's largest independent online news community today!

Contact us today!

BlackListed News 2006-2016