ASG's Hakan Akbas spoke with Reuters on how the Turkish government, as well as Turkish banks and businesses, could face tough decisions and penalties if the United States and others ramp up pressure on Moscow with broader "secondary" sanctions.

"If the humanitarian tragedy persists and Putin has no intention of backing down, I think secondary sanctions are inevitable. The West will pay more attention to any potential loop-hole countries so they don't become safe havens."

Read the full article here.