The Latest from Iran (19 January): Worried Yet?

2039 GMT: Sanctions Watch. Industry sources say Turkish refiner Tupras, planning to cut imports of Iranian oil, will meet Saudi Arabian officials this month.

Turkey imports more than 30 percent of its daily oil consumption from Iran crude.

A source estimated that Saudi Arabia could cover up to half of the Iranian imports, adding that the Turks also planning to meet with oil suppliers from Russia, Azerbaijan, and West Africa.

2003 GMT: Currency Watch. The Central Bank has issued a new warning: dollar holders without documents must deposit the money until 15 Bahman (4 February), or they will be prosecuted for money laundering.

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