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

https://mins.news/en/item/48742

- TASS, 2026-09-07 18:24 UTC
- Economy
- Original: https://tass.com/world/2183803

> 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.

## Stories

- [Iran US War and Gulf Escalation](https://mins.news/en/topic/iran-us-war-and-gulf-escalation) — Markdown: https://mins.news/en/topic/iran-us-war-and-gulf-escalation.md

## Related coverage

- [Oil Tops $100 as Iran Vows to Escalate War and Trump Says US Will Win](https://mins.news/en/video/52524) — Bloomberg Television, 2026-09-10
- [Iran to Reach Oman Hormuz Deal in Days as Canada Tariffs Near](https://mins.news/en/item/49227) — Bloomberg News, 2026-09-08
- [Oil prices surge as US-Iran strikes intensify in Strait of Hormuz](https://mins.news/en/item/48877) — Al Jazeera, 2026-09-07
- [Turkey raises inflation forecast to 28.4% as Middle East conflict weighs on outlook](https://mins.news/en/item/47942) — euronews, 2026-09-07
