Turkey and Hungary said they have received exemptions for gas payments to Russia after the United States imposed sanctions on Gazprombank, removing a major hurdle to the gas trade with Moscow.
KIRILL MOROZOV/POOL/AFP via Getty Images Turkey and Hungary said Friday that they had received waivers on gas payments to Russia after the United States imposed sanctions on Gazprombank last month over Moscow's war with Ukraine. The exemptions remove a ...
Turkey has obtained a US waiver to continue paying for Russian natural gas through the sanctioned Gazprombank.
The US government has issued a waiver allowing Turkey to make gas payments to the Russian-owned Gazprombank, Turkish Energy Minister Alparslan Bayraktar told Middle East Eye on Friday. Last month, the US Treasury said Gazprombank and its six foreign subsidiaries were subject to sanctions due to their involvement in the Ukraine war.
Turkey is exploring several alternatives to process gas payments to Russia following Washington's sanctions on Gazprombank last month, including taking loans from Russian banks and settling payments through expenditures related to the Akkuyu Nuclear Power Plant.
Assad's regime is the latest casualty of Iran's war on Israel. After keeping his hold on Syria through 13 years of civil war, Assad fled to Russia last weekend just before a new rebel offensive took Damascus.
Turkey feels its longstanding support of the Syrian opposition has now been vindicated. But its increased influence in Damascus also comes with significant responsibilities.
Assad has fled to Moscow, Iran has withdrawn from Syria and abandoned its mercenaries, and Russia’s remaining soldiers are isolated in the Assadist strongholds of Latakia and Tartus — where its
Two events likely changed Netanyahu’s perception of Russia, and therefore Jerusalem’s stance toward Turkish-sponsored regime change in Damascus. Unlike Jerusalem, Turkey never wanted Russia in ...
The Ukrainian energy network has been so battered by Russian attacks that officials are seeking out new options to prevent a crisis, like renting floating power plants and scavenging scrapped ones from the region.