US sanctions impact Turkish Iranian gas supplies
Turkey faces the possibility of rising gas insurance costs or partial disruptions to its supply before winter, due to the American sanctions campaign aimed at economically isolating Iran. Turkey relies on Iranian gas, which accounts for about 13% of its imports (7.7 billion cubic meters in 2025), and continues to import it despite the expiration of a long-term contract last July. Turkey is seeking to compensate for the potential shortfall by increasing LNG imports from other countries, especially the United States, and boosting its domestic production from the Sakarya field. However, it may be forced to choose between maintaining low-cost gas supplies or complying with U.S. sanctions, which could lead to a significant increase in costs ahead of the winter season.
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