U.S. Ambassador to Türkiye Tom Barrack said on Friday he expected Washington and Ankara to “soon” solve the issue of sanctions over Ankara’s purchase of Russian...
Oil prices fell by more than 10% on Friday after U.S. President Donald Trump and Iran’s foreign minister said the Strait of Hormuz is now fully...
To recover the energy output lost in the Middle East from the conflict there will take about two years, Fatih Birol, the head of the International...
Russia’s top officials have outlined numerous proposals to President Vladimir Putin on how to kick-start the war economy after he scolded them for what amounts to...
The head of the International Energy Agency warned on Thursday of possible flight cancellations “soon” if oil supplies remain blocked by the Iran war, as he...
German flagship carrier Lufthansa has become the first major airline company to ground planes due to high jet fuel costs, as the aviation industry counts the...
The deputy chief of the Turkish central bank pledged on Wednesday to take a cautious stance amid the Middle East conflict, stressing the monetary authority’s focus...
China’s economy grew at a faster pace than expected in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged...
U.S. President Donald Trump on Wednesday threatened to fire Federal Reserve Chair Jerome Powell if he stays beyond his mandate. Powell’s term at the helm of...
Türkiye eyes advancing its economic cooperation with Kazakhstan in all areas, Vice President Cevdet Yılmaz said on Wednesday during the visit to Astana, where he attended...