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Turkey: A Lean to the West Shifts Power in Gulf
Turkish Prime Minister Recep Tayyip Erdogan has made a calculated decision to lean more toward the West by agreeing to comply with sanctions on Iran and look for oil in other places, most notably, Saudi Arabia. (ADEM ALTAN/AFP/GettyImages)

Turkey: A Lean to the West Shifts Power in Gulf

June 19, 2012
| Economics
| Middle East and North Africa
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Turkey’s recent shift away from Iran as a source of oil as well as its decision to comply with U.S.-backed sanctions on Iran could shift the balance of power in the Persian Gulf region. Turkey is now looking to Saudi Arabia for additional oil, which it appears willing to provide as tensions rise due to continued violence in Iran-backed Syria.
Turkey’s compliance with economic sanctions on Iran comes at a challenging time. Turkey’s economy is one of the fastest growing economies in the world, and future growth depends heavily on energy imports. As Iran is one of Turkey’s largest exporters, the move to slow imports could slow down its economy as well as cause more political problems with its neighbors.  

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