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Saturday, March 31, 2012

Turkey cuts 20% of oil purchases from Iran - FT.com

Turkey cuts 20% of oil purchases from Iran

By Daniel Dombey in Istanbul, Geoff Dyer in Washington and Javier Blas in London
A worker walks past oil barrels©Reuters

Turkey is slashing its purchases of Iranian oil by 20 per cent, becoming Tehran’s last big energy client to fall into line with new US sanctions signed by President Barack Obama barely three months ago.

More:Turkey cuts 20% of oil purchases from Iran - FT.com