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US sanctions crossed out gold-for-gas trade between Iran and Turkey: report

Cecilia Jamasmie | February 15, 2013 | 3:03 pm Precious Metals Europe Gold 

The Turkey-Iran gold-for-gas exchange can be considered dead as tighter US sanctions imposed on Tehran have already stopped Turkish Halkbank from processing other countries’ energy payments to the OPEC oil producer. According to Turkish authorities quoted by Reuters, Iran’s demand...

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