Video Duration 02 minutes 21 seconds

Iran oil sanctions to hit Turkish economy

Turkey has no reserves of its own so is dependent on oil and gas imports, leaving it vulnerable to a rise in energy prices.

Turkey’s economy is expected to continue to slump as the US imposes further sanctions on Iran’s oil industry.

Turkey is a major Iranian customer but is having to look elsewhere for its energy supplies.

Al Jazeera’s Sinem Koseoglu reports from Istanbul.