Friday, April 3, 2026

Business - Page 14

Türkiye’s Oruç Reis ship passes through Istanbul after Somalia mission

After completing its first intercontinental mission in Somalia, Türkiye's Oruç Reis seismic research vessel returned to the Blue Homeland and began its passage through the Ist...

Türkiye hikes gas prices for residential, industrial users

Turkish authorities are set to increase natural gas prices for industrial and residential users as of Wednesday, the country's energy regulator said on Tuesday. The Energy Ma...

Türkiye leads Europe with biggest rise in hydropower capacity in 2024

Türkiye added 241 megawatts (MW) to its hydropower capacity last year, which marked the highest increase in Europe, according to a report on Thursday citing recent data from the In...

Israel-Iran tensions expose Asia’s reliance on Middle East oil

Asia’s reliance on Middle Eastern oil and gas, along with its relatively slow transition to clean energy, leaves it vulnerable to supply disruptions through the Strait of Hormuz —...

Turkish, Libyan state oil firms to launch exploration at 4 sites in Libya

Türkiye’s state-owned Turkish Petroleum Corporation (TPAO) and Libya’s National Oil Corporation (NOC) signed a memorandum of understanding on Wednesday to conduct geological and ge...

African nations open to energy cooperation with Türkiye: APPO head

Africa needs to expand its international partnerships beyond traditional allies to fully harness its vast energy resources, the secretary general of the African Petroleum Producers...

Iran approves bill to suspend IAEA cooperation amid Israel tension

Iran's Parliament approved a bill on Wednesday to suspend cooperation with the U.N. nuclear watchdog, state-affiliated news outlet Nournews reported. The move follows an air...

World markets on oil watch as Middle East tensions flare

Brent crude oil has surged roughly 20% so far in June and is on track for its largest monthly gain since 2020, as tensions between Israel and Iran flare up. Although relatively co...

Oil slumps after Israel-Iran truce eases energy fears

Oil prices sank more than 5% on Tuesday after Israel said it had agreed to U.S. President Donald Trump's proposal for a bilateral cease-fire with Iran. Shares in Asia were bu...

Oil prices?: Iran’s Parliament reportedly approves Hormuz closure

Iran's Parliament has reportedly approved measures on the closure of the Strait of Hormuz, but the final decision on it must be made by the country's Supreme National Sec...

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