Gulf crisis promises long-term gains for Türkiye, yet major hurdles remain
Source: Turkiyetoday
Published:
<p>F or energy-guzzling Türkiye, a crisis in the Gulf is usually a direct ticket to economic pain. The math is simple: for every $10 jump in a barrel of oil, Turkish inflation shoots up by 1.2% and another $5 billion evaporates into a widening current account deficit.</p> <p>It’s a vicious cycle tha