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IEA: Rising oil prices will have a lesser impact on Türkiye

IEA: Rising oil prices will have a lesser impact on Türkiye
# 21 April 2026 10:42 (UTC +04:00)

The increase in global oil prices amid the conflict in the Middle East will put pressure on inflation and the overall economic indicators in Türkiye, Türkiye’s Dünya newspaper reports, citing International Energy Agency (IEA) Executive Director Fatih Birol.

However, he believes that Türkiye’s resilience in the current situation is higher compared to other regions.

“Türkiye will not be affected as severely as Asian and European countries,” Fatih Birol emphasized.

He also noted that alternative routes such as the Basra–Ceyhan pipeline, which was also discussed during his meeting with Minister of Treasury and Finance Mehmet Şimşek, are of critical importance for Türkiye’s energy supply security.

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