Turkey Resumes Iranian Oil Imports Under U.S. Sanctions Waiver

Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.

The United States granted Turkey and other countries import waivers in early November. Turkey said it was permitted to take 3 million tonnes a year (mtpy), equivalent to about 60,000 barrels per day (bbl/d), under the waiver.