Tag Archives: Mevlut Cavusoglu

US sanctions on Iran and Venezuela’s oil and gas need to be lifted if the world wants oil prices to decrease, says, the Turkish foreign minister. Speaking at a news conference in the southern Mersin province, Foreign Minister Mevlut Cavusoglu dubbed the US criticism “bullying,” as Ankara threw its weight …

Before his mediation trip, German Foreign Minister Heiko Maas on Tuesday called on Greece and Turkey to discuss their territorial claims in the Mediterranean. “A further escalation can only harm everyone, but above all those directly involved on site,” Maas said in a statement released by the German Foreign Office. …

CBI) said that during the meeting held between Presidents of Iran and Turkey on the same day in Ankara. the two sides focused on expansion of trade and banking ties besides doing monetary transactions via Rial or Lira.

Iranian and Turkish banks are working on a plan to establish a financial channel between the two countries based on national currencies. in a bid to evade US sanctions against Tehran.

Iran is ready for increasing the volume of bilateral trade with Turkey.

Iran is fully prepared to take the next step to further lower its compliance with the nuclear deal on July 07.

China increased its purchase of Iranian oil from March to April.

China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.

Turkey’s refineries are not equipped to process crude oil from just any other country.

Turkey is loath to buy more oil from Saudi Arabia and the United Arab Emirates as the U.S. looks to squeeze exports from Iran. currently the third-largest supplier of crude to the Middle East’s biggest economy.