Turkey looks to Libya for oil

The Turkish government announced it landed an oil supply deal with Libya after opting to cut back on crude oil deliveries from Iran.

Turkey was among the seven countries named by the U.S. State Department as getting relief from sanctions targeting Iran's energy sector after "significantly" reducing the amount of oil it gets from Iran.

Turkish Energy Minister Taner Yildiz said Ankara reached an oil supply deal with Libya for around 7 million barrels. An oil deal between Turkey and Saudi Arabia may be close behind, reports Turkish new service Hurriyet.

(Source: UPI)

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