Turkey's Tupras reduces Iranian crude purchases as U.S. sanctions loom
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Article by:
Humeyra Pamuk & Julia Payne, Reuters
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Date Published:
July 25, 2018
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Who was cited:
Cuneyt Kazokoglu, Director of Long-Term Oil Service & Head of Oil Demand FGE
Turkey’s biggest oil importer Tupras has cut back purchases of Iranian crude since May, when the United States said it would re-impose sanctions on Tehran, and analysts say Tupras is likely to stick to lower volumes in coming months.
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