Gold for Oil – Turkey gave Iran 60 tons of gold in return for oil, skirting sanctions…

gold for oil

Turkey has exchanged nearly 60 tons of gold for several million tons of Iranian crude oil, despite its promises to uphold Western sanctions on Iran’s energy sector, according to recent Turkish reports.

By using gold instead of money, Turkey is able to skirt Western sanctions on Iran’s oil trade, particularly those pertaining to SWIFT, the global money transfer service that until recently assisted the Central Bank of Iran and other Iranian financial institutions.

Over the past several months, Turkey has given Iran 60 tons of gold, or more than $3 billion, according to a July 8 report on the Turkish news site Vatan Online. The report was translated by the OpenSourceCenter, a translation service used by the CIA.

Turkey gave Iran 60 tons of gold in return for oil, skirting sanctions...

sitfu.com
Taking a Closer Look at the Stories Ignored by the Mainstream Media

You Might Also Like
Baltimore Teacher Gets Fired for Calling Her Students The N-Word!
Teacher calls students N word. A Baltimore Teacher goes off on her students and goes on a racist rant because...
Donald Trump’s Chief Strategist Steve Bannon – Most Prominent White Nationalist In The Country
sitfu.com Taking a Closer Look at the Stories Ignored by the Mainstream...
Barack Obama Signs Executive Order for Possible Martial Law
sitfu.com Taking a Closer Look at the Stories Ignored by the Mainstream...

There are no comments yet, add one below.

Leave a Reply


Name

Email

Website