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Turkish minister denies reports of Iranian gas halt after strike

Turkey’s energy minister on Tuesday denied reports that Iran had halted natural gas exports to Turkey following an Israeli strike, saying gas flows continue...
Business

Turkey’s Eczacıbaşı to sell Selpak, Solo disposable tissue brands to Malaysian company for $600 mln

Eczacıbaşı Holding, a major Turkish industrial conglomerate, has agreed to sell its business that produces disposable tissue, including widely recognized brands Selpak and Solo,...
Business

Turkish Central Bank leaves door open to fresh rate hikes if inflation worsens

Turkey’s central bank said Thursday that it could tighten monetary policy again if the inflation outlook worsens, a warning that comes as the war...
Business

Turkey’s Gulf exports drop 39 pct as Iran conflict raises costs, pressures trade

Turkey’s exports to Gulf countries fell by about 39 percent in the first 12 days after US and Israeli strikes on Iran on February...
Business

EU proposes Turkey join SEPA payments system: report

The European Union has proposed that Turkey join its Single Euro Payments Area (SEPA), a move aimed at lowering transfer costs and strengthening economic...
Business

Iraq resumes limited oil exports via Turkey

Iraq announced on Wednesday that it had resumed limited oil exports of 250,000 bpd through the Turkish port of Ceyhan after the country's output...
Business

Hormuz crisis could raise Turkey’s energy and trade costs, TEPAV warns

Disruptions to shipping through the Strait of Hormuz could increase Turkey’s energy import bill and put pressure on industrial supply chains, agriculture and logistics,...
Business

Iraq plans direct oil exports from Kirkuk to Turkey within a week, minister says

Iraq plans to begin exporting crude oil directly from the northern Kirkuk fields to Turkey within a week, bypassing the Kurdistan Regional Government (KRG),...
Business

Turkey keeps interest rate unchanged at 37 percent amid geopolitical risks

Turkey’s central bank kept its benchmark interest rate unchanged at 37 percent on Thursday, signaling that tight monetary policy remains in place as rising...
Business

Iraq asks Kurdistan region to help send crude oil to Turkey amid export disruptions: report

Iraq has asked the Kurdistan Regional Government (KRG) to help move crude oil from the northern Kirkuk fields to Turkey’s Ceyhan port, as Baghdad...
Business

EU draft could let some Turkish goods count as ‘Made in EU’ in public spending rules

A draft European Union law meant to boost the bloc’s industrial production could allow some products from countries linked to the EU through a...
Business

Canada’s SSR Mining to sell majority stake in Turkey mine hit by deadly 2024 landslide: report

Canada’s SSR Mining said Wednesday it had agreed to sell its 80 percent stake in the Çöpler gold mine in eastern Turkey, where a...
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