Turkey says stops exporting oil products to Iraq

Turkish firms stopped selling oil products to Iraq on Saturday due to $1 billion in unpaid debt, CNN Turk channel quoted Foreign Trade Minister Kursad Tuzmen as saying.

Iraqi state oil marketer SOMO told Turkey on Thursday that the debt would be paid within 15 days, but 34 Turkish firms exporting oil products such as gasoline and liquefied petroleum gas stopped loading oil for Iraq in the Turkish ports of Mersin and Iskenderun.