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Erdogan Confronts Iran Sanctions Dilemma
A report from the Israeli newspaper "Ma'ariv" clarifies that the new U.S. sanctions against Iran primarily target the countries and companies that do business with it, in an effort to reduce their ability to circumvent the sanctions by limiting access to the American financial system. Washington believes that Turkey faces significant challenges, especially given its reliance on Iranian gas and its history of helping Tehran bypass sanctions. The trade volume between the two reached $5.5 billion in 2025, and Iran supplies Turkey with approximately 7.6 billion cubic meters of gas annually, representing 13% of Turkey’s imports. Turkey has previously been one of the main channels Iran used to bypass sanctions through a banking and financial network, employing shell companies and illegal transfers, through which around $20 billion was managed. With the tightening of sanctions, Turkey now faces a tough choice: to maintain its trade relations with Iran or to comply with the American policy, which aims to persuade Turkish companies and banks to cut ties with Tehran and stay away from the American financial system. This could significantly limit its economic relations with Iran and jeopardize its interests.
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