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Large diesel price hike expected and pump conversion cost on the agenda at stations
Following Brent crude oil, exchange rate, and SCT increases, a diesel price hike of 6.62 TL is expected on Tuesday, while the liter price approaching 100 TL has raised the issue of station pumps having to display three-digit figures.
Energy
News
Economy
Houthi Attacks in Bab el-Mandeb Shake Global Trade and Markets
Conflicts in Yemen and the endangerment of vessel transits in the Bab el-Mandeb Strait have led to a sharp rise in oil prices, while increasing inflation expectations and Fed rate hike probabilities have put pressure on gold prices.
World
Energy
News
Economy
Tehran's Control Loosens in the Strait of Hormuz, but Clashes Continue
While the US easing Iranian pressure in the Strait of Hormuz and halting oil exports deepen the economic crisis, the ongoing war between the parties drives up global petrol prices and fuels inflation concerns.
Economy
Energy
News
World
