4+ day, 1+ hour ago   (443+ words) Türkiye does not make direct cash payments to Iran for the natural gas it imports, Finance Minister Mehmet Simsek said on Wednesday, explaining that the funds are held in a tightly regulated account under an arrangement with the United States....

5+ day, 21+ hour ago   (510+ words) Türkiye’s export growth increasingly shifted toward the U.S., which emerged as the strongest source of additional exports, while China, Switzerland and Egypt also posted sizable gains, offsetting sharp losses in key markets during the first eight months of the…...

6+ day, 9+ min ago   (905+ words) The rules governing global shipping are breaking down, disrupted by wars and a rapidly growing shadow fleet operating beyond Western oversight, the world's largest maritime nations warned in a rare joint statement Tuesday. The Consultative Shipping Group (CSG), representing 18 shipping…...

6+ day, 10+ hour ago   (873+ words) Global banks increasingly expect the Central Bank of the Republic of Türkiye (CBRT) to keep its policy rate unchanged at its Sept. 10 meeting and begin cutting rates in October after August inflation came in below market expectations. Consumer prices rose…...

1+ week, 38+ min ago   (469+ words) Oil prices extended their gains Monday as fresh exchanges of fire between the United States and Iran around the Strait of Hormuz, along with the risk of mines, further weighed on commercial shipping through the waterway. Both international benchmarks, Brent…...

1+ week, 13+ hour ago   (447+ words) Iranian authorities said Sunday they will raise petrol prices for the country's heaviest fuel consumers, a move announced as the United States intensifies efforts to cut off Iran's economy from international markets. Government spokeswoman Fatemeh Mohajerani said the price of…...

1+ week, 5+ day ago   (409+ words) Oil prices extended their gains Wednesday after rising more than 5% in the previous session as renewed U.S-Iran exchanges of fire fuel inflation concerns and weigh on global markets. International benchmark Brent crude reached $96.7 per barrel, while U.S. benchmark West Texas Intermediate…...

2+ week, 19+ hour ago   (1338+ words) Rising expectations that the U.S. Federal Reserve could take more hawkish steps pressured precious metals last week, while hopes that the Strait of Hormuz could reopen pushed oil prices lower. Shipment risks in the Black Sea and concerns over agricultural production…...

2+ week, 2+ day ago   (447+ words) Iran transferred $7.5 billion in oil revenues to its central bank from sales between March 21 and July 22 despite a U.S. naval blockade that disrupted its oil exports and maritime trade, according to data from Iran’s Oil Ministry. The funds were enough to…...

2+ week, 5+ day ago   (205+ words) Japan plans to support the expansion and construction of alternative oil pipelines in the Middle East as it seeks to strengthen energy security following the Iran war, local media reported Wednesday. Before the conflict began in February, Japan, the world’s…...