Ankara Freezes Iranian Assets: A Shift in Stance on Nuclear Program

The Turkish government, under the direction of President Erdoğan, has frozen the assets of numerous Iranian organizations and companies. This action, published in the official gazette, directly impacts entities involved in Iran’s nuclear program, including uranium enrichment and research. This measure has been taken in response to the UN’s recent re-imposition of sanctions on Iran through the ‘snapback mechanism’. This development indicates a notable shift in Turkey’s stance. The targeted organizations and companies encompass key players in Iran’s energy, banking, shipping, and research sectors. This represents a considerable setback for Iran.