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EconomyErdogan: Crisis around Iran is affecting global economy and prices

Turkish President Recep Tayyip Erdogan said the conflict involving the US, Israel and Iran has global repercussions, with inflation, oil and diesel prices rising in Turkey and elsewhere. He warned that oil costs may keep climbing until the Strait of Hormuz situation is resolved, while Central Bank data puts the conflict’s inflationary impact at about 7 percentage points.

Iran crisisglobal economyoil pricesStrait of Hormuz

TTASS★★★★☆2026-09-07 18:24Original

Erdogan: Crisis around Iran is affecting global economy and prices
Economy