Despite tougher U.S. and EU sanctions and lowered price caps, nearly half of Turkey’s oil imports in 2025 still come from Russia. Turkey is managing a delicate middle ground between Western allies and ...

A major fuel supplier in Turkey has told its wholesale customers it will raise diesel prices after Western sanctions on Russian oil companies led to supply issues and increased insurance and financing ...

The financing of infrastructure modernization and construction toward using Iraq’s water efficiently will be done through Turkish companies and oil revenues, following a deal signed between the two ...