Gold crush: U.S. ready to shut down gold sales to Iran
The U.S. is trying to stop the gold rush to Iran in a bid to undermine the Islamic Republic’s plummeting currency, but…
Tag Archives: Turkish gold
How Iran benefits from gold trade with Turkey
An obscure loophole allows Tehran to profit while skirting Western sanctions. Turkish prime minister Recep Tayyip Erdoğan has arrived in Washington, D.C. for…
US targets Iran rial, gold imports in sanctions pressure
AFP – The US is aiming to block gold sales to Iranians to boost pressure on the rial currency, as it steps up…
Turkey’s gold export to Iran rises again
Turkey’s gold exports Iran has rose more than twofold through March during a time its overall gold trade receded, suggesting the two countries’ trade…
First Egyptian flight in over three decades takes off for Iran
Iran news headlines on Saturday include resumption of Egypt-Iran direct flights after decades; Kuwaiti Foreign Minister describing Iran as a major and influential player in Mideast;…
Turkey gold exports to Iran resume despite tough US sanctions
ISTANBUL, March 29 (Reuters) – Turkey exported almost $120 million worth of gold to Iran in February, data showed, suggesting the two countries’ trade of gold…
Iran, Turkey, and the gold-for-gas trade
It must rank as one of the most thankless jobs in diplomacy. Just how do you draw up incentives for Iran to…
Iran criticizes world powers over possible gold sanctions
Iran news headlines on Monday include Iran criticizing world powers over possible gold sanctions; Iran releasing indigenously-built warship, Jamaran 2 in the coming…
Iran has no intention to develop nuclear weapon – Supreme Leader
Iran news headlines on Saturday include Iranian leader remarks over country not seeking nuclear arms; world powers offer to ease gold sanctions if…
Big powers to offer easing gold sanctions at Iran nuclear talks
(Reuters) – Major powers plan to offer to ease sanctions barring trade in gold and other precious metals with Iran in return for Iranian…
Turkey to Iran gold trade wiped out by new U.S. sanction
(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…
Turkey says to continue Iran gold exports
Turkey will not be swayed by U.S. sanctions pressure to halt gold exports to Iran but Tehran’s demand for the metal may…
US creates obstacles for Iran-P5+1 talks – Iran’s parliament speaker
Iran news headlines on Wednesday include Iran’s Majlis speaker remarks over US seeking to sabotage Iran-P5+1 nuke talks; ban of Turkish gold on fears of…
Dubai gold dealers shun Turkish bars on fears of link to Iran
Trade in Turkish gold bars to Iran via Dubai is drying up as a growing number of banks and dealers refuse to…
Banks continue Turkey gold trade despite Iran link
ISTANBUL, Jan 8 (Reuters) – Banks are continuing to exchange gold in Turkey, despite U.S. pressure over the country’s booming gold-for-gas trade with…
Iran opens first gas storage facility
Iran news headlines on Saturday include Iran opening first gas storage facility in Qom; Turkish Economy Minister criticizing EU sanctions on Iran; Iran’s chief of police…
Turkish Minister slams EU sanctions on Iran
Economy Minister Zafer Caglayan leveled harsh words at the EU on Friday over Turkey’s gold trade with Iran, telling reporters in İstanbul…
Turkish gold exports rise 800 pct on demand from Iran
ISTANBUL, Jan 4 (Reuters) – Turkey’s gold exports rose nearly 800 percent last year on the back of soaring sales to Iran…
Iran sanctions drive up Turkish energy costs
On November 20, the United States added another element to its sanctions against Iran. It now includes a ban on selling precious…
Iran proposes joint barter company to evade US sanctions
Strained under sanctions imposed by the United States, Iran is continuing efforts to skirt them and continue trade with Turkey. As the…
Hisarciklioglu worried about rising tension with Iran
Speaking at a conference at the Washington-based think tank German Marshall Fund, Union of Chamber and Commodity Exchanges of Turkey (TOBB) Chairman…
TOBB warns over gold for gas trade sanctions
Ankara will become more dependent on Russian oil and gas if sanctions are expanded to Turkey’s gold for gas trade with Iran, Rifat Hisarcıklıoğlu,…
Iran-Turkey trade rose 46% – Turkish gold buys Iranian oil
Trade between Iran and Turkey has risen nearly 50 percent this year, according to the state-run Islamic Republic News Agency (IRNA). The monetary value of…
US, Turkey in ‘very close’ talks on Iran sanctions
The U.S. authorities are “in very close touch” with the Turkish government on the country’s gold for gas trade with Iran, U.S.…
U.S. says in talks with Turkey over Iran gas-for-gold
Dec 4 (Reuters) – U.S. diplomats are in talks with Ankara over the flow of gold from Turkey in exchange for Iranian natural gas, the…
U.S. bears down on Turkey’s gold link to Iran
ISTANBUL—Washington and Ankara are on a collision course over Turkey’s surging sales of gold to Iran, as the U.S. Congress and Treasury…
Turkey’s gold sales to Iran still on track
While talks between US, irked by Turkey’s gold for gas trade with Iran, and the Turkish officials continue, October data shows that…
Turkey, US hold talks on Iran gold-gas trade
Ankara is in talks with Washington over the United States’ new wave of sanctions on Iran, which are speculated to cover Turkey’s…
Iran importing gold to evade economic sanctions, Turkish official says
Istanbul (CNN) — Over the last six months, Iran has evaded U.S. sanctions by importing Turkish gold to pay for billions of dollars…
Turkey sees no clash with U.S. over Iran ‘gold for gas’
ISTANBUL, Nov 29 (Reuters) – Turkey’s energy minister said on Thursday that he sees no conflict between Ankara and Washington over U.S.…
Turkey snubs US move on gas-for-gold Iran trade
By The Journal of Turkish Weekly Any fresh U.S. move to cut the gold trade with Iran would not bother Turkey, as…
Turkey-Iran: gold for gas US scrutiny
By Financial Times More pressure is coming Turkey’s way over gas purchases from Iran. After the Turkish government’s admission last week that Tehran was…
Iran buys Turkish gold with money from gas exports, deputy PM says
By Hurriyet Daily News The most important reason behind the significant increase in Turkey’s golden bullion export is Iran, said Turkish Deputy…