Lacking significant hydrocarbon reserves, Turkey has grown closer to Iran in recent years as its energy demand has risen [Murad Sezer/Reuters]
When US President Donald Trump reimposed sanctions on Iran last November – after backing out of an internationally brokered deal to curb Tehran’s nuclear programme – Turkey was among eight nations granted a six-month waiver on oil trading.
That waiver expires on May 2. Despite Turkey’s insistence that it needs to maintain oil imports from its neighbour, Washington has indicated no waiver extensions will be forthcoming.
“We have made it clear we