Turkish President Tayyip Erdogan said Ankara will continue to purchase Iran’s natural gas, despite US sanctions on Tehran. In an interview with Reuters published on Wednesday, Erdogan said the Turkish lira’s slide is not linked to a diplomatic row with Washington, noting that the country’s economic hardship has been exaggerated. ...
European Union announced plans for a legal framework to preserve business with Tehran and evade new US sanctions. After talks Monday with Iranian Foreign Minister Mohammad Javad Zarif, EU foreign policy chief Federica Mogherini said the Europeans would set up a “legal entity” for businesses to transfer money without coming ...