Minister Mehmet Şimşek Speaks as Brent Oil Surges: “This Shock is Temporary”

Following the military strikes by the U.S. and Israel against Iran, global energy markets have been thrown into turmoil, sending Brent crude oil prices soaring to $119 per barrel. In response to this sudden spike, Turkey’s Treasury and Finance Minister Mehmet Şimşek issued a critical statement aimed at calming markets and outlining the government’s perspective … Continue reading Minister Mehmet Şimşek Speaks as Brent Oil Surges: “This Shock is Temporary”