Shunned by US, Turkey Looks for Alternative Oil
Turkey is in talks with Saudi Arabia and Libya to buy oil in a bid to diversify supplies, Turkish Energy Minister Taner Yıldız has said, stressing that Ankara would continue to seek exemption from U.S. sanctions on Iran. “Turkey’s absence from the U.S.’s waiver list regarding the Iran issue doesn’t mean it will not be included,” Yıldız told reporters yesterday. “Those talks are carried out on the level of companies,” he added. Stressing that Turkey’s security of supply was an important issue; the minister said they would not halt purchasing crude oil from Iran unless other suppliers were lined up.
News from The ROBERT | CHARLES Group for investing in the futures and futures options markets. Futures trading is risky. Our goal is to take the risk out of a high risk business. Keep your comments clean and respect others' opinions. Profanity and insults are not acceptable. THE RISK OF LOSS IN TRADING COMMODITY INTERESTS CAN BE SUBSTANTIAL. IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD READ AND BE AWARE OF THE RISKS, DISCLOSURES, AND OTHER INFORMATION SET FORTH BELOW. *
The information and data contained on this blog was obtained from sources considered reliable. Their accuracy or completeness is not guaranteed. Information provided on this website is not to be deemed as an offer or solicitation with respect to the sale or purchase of any securities or commodities. Any decision to purchase or sell as a result of the opinions expressed on will be the full responsibility of the person authorizing such transaction.