Politics · Turkey · 16 hrs ago

Türkiye’s vice president says conflicts are pushing up global energy costs

Türkiye’s vice president says conflicts are pushing up global energy costs

At a meeting in Istanbul on Monday, Türkiye’s Vice President Cevdet Yılmaz linked conflicts to rising energy pressure on economies around the world.

He said wars that began with what he called Israeli provocations were adding pressure to global energy prices.

The meeting was held by COMCEC, an economic and trade cooperation body of the 57-member Organization of Islamic Cooperation.

Yılmaz said countries should diversify energy sources and routes and strengthen regional cooperation to improve energy security.

He also warned that tensions involving Iran and the Strait of Hormuz threaten regional stability and global prosperity.

He said diplomacy and dialogue should remain central to resolving tensions, and Türkiye would support efforts toward a negotiated solution.

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What people are saying

Cevdet YılmazTürkiye’s vice president
As a result of the wars that started with Israel's provocations, we are witnessing the pressure that world energy prices create on our economies
via Daily Sabah
This situation has once again demonstrated the importance of diversifying sources and routes, and strengthening regional cooperation, particularly in ensuring energy security
via Daily Sabah
Here, too, the key to the solution is clear: diplomacy and dialogue must never be abandoned
via Daily Sabah