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IMF curbs Türkiye's 2026 growth outlook to 3.4% on hefty energy costs, Iran war Image

IMF curbs Türkiye's 2026 growth outlook to 3.4% on hefty energy costs, Iran war

economic outlook

4 min read

Global growth cut to 3.1% for 2026, with US forecasts lowered to 2.3% and eurozone to 1.1%, while Middle East economies face sharp contractions

Jet fuel shortage ‘primary concern’ in EU as airlines push for joint kerosene buying

Business

Carriers call for intervention as jet fuel prices surge above $200 per barrel and supply risks grow amid tight conditions in Strait of Hormuz

Jet fuel shortage ‘primary concern’ in EU as airlines push for joint kerosene buying Image

Iraq seeks to bypass Hormuz blockade with US, Iran 'understandings'

Business

Iraq says it reached understandings with the US and Iran to bypass Hormuz disruptions as it turns to alternative routes to sustain oil exports

Iraq seeks to bypass Hormuz blockade with US, Iran 'understandings' Image

Russia’s oil revenue increases in April as sanctions ease amid Iran war

Business

A temporary sanctions waiver, rising energy prices lift Moscow’s revenues, while global demand is expected to weaken under war-driven supply shocks

Russia’s oil revenue increases in April as sanctions ease amid Iran war Image

Türkiye's Aksa Enerji secures $300M loan from AFC to boost Africa power plants Image

Business

Türkiye's Aksa Enerji secures $300M loan from AFC to boost Africa power plants

2 min read

Türkiye's inflation keeps slowing, but weaker growth looms Image

Business

Türkiye's inflation keeps slowing, but weaker growth looms

2 min read

Oil drops, global stocks rebound on renewed US-Iran deal signals Image

Business

Oil drops, global stocks rebound on renewed US-Iran deal signals

2 min read

Sycophantic AI chatbots are distorting interpersonal advice Image

Business

Sycophantic AI chatbots are distorting interpersonal advice

2 min read

OPEC oil output drops 7M barrels per day in March amid Hormuz crisis Image

Business

OPEC oil output drops 7M barrels per day in March amid Hormuz crisis

2 min read

TPAO seals Black Sea gas exploration pact with TotalEnergies Image

Business

TPAO seals Black Sea gas exploration pact with TotalEnergies

2 min read

Iran war pushes pistachio prices to highest level since 2018 Image

Business

Iran war pushes pistachio prices to highest level since 2018

2 min read

Türkiye sees one of fastest rises in corporate bankruptcies in 2025: Report Image

Business

Türkiye sees one of fastest rises in corporate bankruptcies in 2025: Report

2 min read

Paris court finds Lafarge guilty of financing Daesh operations in Syria Image

Business

Paris court finds Lafarge guilty of financing Daesh operations in Syria

2 min read

Türkiye logs $7.5B deficit in February, annual gap reaches $35.4B Image

Business

Türkiye logs $7.5B deficit in February, annual gap reaches $35.4B

2 min read

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