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Turkey skirting Iran sanctions by trading gold for crude

BY: Adam Kredo - July 12, 2012 12:29 pm

Turkey has exchanged nearly 60 tons of gold for several million tons of Iranian crude oil, despite its promises to uphold Western sanctions on Iran’s energy sector, according to recent Turkish reports.

By using gold instead of money, Turkey is able to skirt Western sanctions on Iran’s oil trade, particularly those pertaining to SWIFT, the global money transfer service that until recently assisted the Central Bank of Iran and other Iranian financial institutions.

read more http://freebeacon.com/gold-for-oil/



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I would just like to remind

I would just like to remind everyone that Washington doesn't own Turkey or India or Poland or any other nation and should not be allowed to tell them who they can trade with. Clearly our government aspires to be the one world government.