Thursday 19 March 2026 - 14:31
Global oil prices declined on Wednesday after Iraq and Kurdish authorities agreed to restart crude exports through Turkey’s port of Ceyhan, offering limited relief to a market strained by weeks of supply disruptions linked to the Middle East conflict. Brent crude futures fell about 2.2 percent to around 101 dollars per barrel, while......
Oil prices declined on Wednesday as a sharp increase in US crude inventories and a deal to resume Iraqi exports offset ongoing fears of supply disruptions linked to tensions with Iran in the Gulf. Brent crude dropped about 1.2 percent to around 102 dollars per barrel, while US West Texas Intermediate fell roughly 1.8 percent. The decline......
Turkey has confirmed its readiness to host the next round of negotiations between Russia and Ukraine, Turkish Foreign Minister Hakan Fidan said during a phone call with Russian Foreign Minister Sergei Lavrov. Fidan emphasized the risks that the ongoing conflict poses to both regional stability and the broader international order. Discussions......
Iraq is confronting a severe economic shock as the near collapse of its oil exports threatens the government’s ability to pay public sector salaries as early as next month. Officials warn that the country’s oil dependent economy is approaching a fiscal crisis after the disruption of its main export routes during the regional conflict......
Turkish state-owned lender Halkbank has appointed the global consulting firm Ernst & Young to conduct an independent review of its compliance with international sanctions and anti-money laundering regulations. The decision follows an agreement reached with the United States Department of Justice aimed at resolving a long-running legal......
Turkish Foreign Minister Hakan Fidan held separate phone conversations on Friday with senior diplomats from Qatar and Azerbaijan to discuss evolving developments in the region and growing security concerns. According to diplomatic sources in Türkiye, Fidan spoke with Qatar’s Prime Minister and Foreign Minister Mohammed bin Abdulrahman......
Recep Tayyip Erdoğan said the country is moving into a new phase of governance and foreign policy that requires faster decisions, stronger preparedness and a more proactive approach to regional challenges. Speaking during an iftar gathering in Istanbul, the Turkish president emphasized that protecting national stability remains the government’s......
Turkish defense company Baykar and Italian aerospace leader Leonardo have announced plans to produce medium-sized unmanned aerial vehicles (UAVs), marking a significant step in European drone manufacturing. The first drones are expected to be unveiled in April. According to Leonardo CEO Roberto Cingolani, the joint venture is progressing......
Bloomberg LP has told employees based in Gulf countries, including those at its regional headquarters in Dubai, that they may temporarily relocate and work from outside the region as Iranian attacks continue to escalate, according to a company spokesperson speaking to Reuters. The move makes Bloomberg one of several major financial and media......
Türkiye announced on Friday that a ballistic munition launched from Iran and entering Turkish airspace was intercepted and neutralized by NATO air and missile defense systems. According to a statement from the Turkish Ministry of National Defense, the projectile was neutralized by NATO air defense assets......
Türkiye has accused Greece of violating international agreements regarding the status of certain islands in the Aegean Sea, warning that such actions undermine legal commitments and damage relations between the two neighboring countries. In a statement released Thursday, the Turkish National Defense Ministry said recent Greek initiatives......
Türkiye has reiterated its strong opposition to any attempt that could provoke internal conflict in Iran, warning that such developments could further destabilize the Middle East. Speaking during a joint press conference in Ankara with German Foreign Minister Johann Wadephul, Turkish Foreign Minister Hakan Fidan stressed......
Turkish President Recep Tayyip Erdoğan stated that Türkiye stands as an example of coexistence where people of different faiths can freely practice their religion. His remarks came during an iftar dinner held in the capital, Ankara, attended by representatives of several religious minority communities. Speaking to guests at the gathering,......
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