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Source: http://uk.reuters.com/article/2012/01/04/turkey-iran-sanctions-idUKL6E8C40DW20120104
Turkey to Seek U.S. Waiver on Iran Oil Sanctions
(Reuters) Turkey will seek a waiver from the U.S. to exempt its biggest refiner Tupras from new U.S. sanctions on institutions that deal with Iran's central bank, a Turkish energy ministry official said Wednesday. The new law allows President Obama to issue waivers when it is in the U.S. national interest. Turkey gets about 30% of its oil from neighboring Iran and has deepened economic and financial ties with Iran in recent years.