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25 Aug 2026, 20:30

Bloomberg, in its analysis of Turkey's gas imports, assessed that Washington's new warning regarding economic sanctions on countries dealing with Tehran poses a challenge for Turkey, a key U.S. ally and Iran's third-largest trading partner, in terms of halting gas imports from Iran.

Last year, Turkey sourced 13% of its gas imports (7.7 billion cubic meters) from Iran, making Iran its fourth-largest energy supplier after Russia, Azerbaijan, and the U.S. Despite the expiration of the 25-year contract at the end of July, gas imports from Iran have continued.

Scott Busent, the U.S. Treasury Secretary, stated that any country continuing economic relations with the Islamic Republic of Iran will face sanctions, and Donald Trump is directly consulting with world leaders. This likely includes communication with Recep Tayyip Erdoğan as well.

Bloomberg assessed that Erdoğan, who is set to travel to Washington next month and needs U.S. approval for major military purchases including F-35 and F-16 fighter jets, is unlikely to seek to anger Trump. According to experts, if gas imports from Iran are cut off, Ankara could compensate for this shortage by increasing imports of more expensive liquefied natural gas (LNG)—especially from the U.S.—and relying on its filled reserves.
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