Iran has cut its gas exports to Turkey by 70% – network fault cited

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<p>Turkey’s state pipeline operator Botas issued a statement on Saturday. Says that a fault on the Iranian network side had decreased the volume of gas piped to Turkey as of January 1. </p><p>Turkish authorities have requested Iran fix the issue as quickly as feasible.</p><p> Iran is the second-largest gas supplier to Turkey after Russia.</p><p>Weirdly, back in January of 2022, i.e this time last year, a leak halted Iranian exports of gas to Turkey also. Turkey cut power supply to the industrial sector that time. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.

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