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Türkiye Emerges as Key Energy Hub Amid Crisis

4/9/2026

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Story summary
  • Türkiye's Energy Minister Alparslan Bayraktar says Türkiye is becoming a crucial energy hub as it diversifies routes amid the Strait of Hormuz crisis.
  • He notes the crisis has caused a global daily oil shortfall of 20 million barrels due to the Strait's closure.
  • Bayraktar calls for new energy infrastructure, including pipelines from Turkmenistan and Qatar.
  • Despite higher oil prices, Türkiye's gas storage is 72% full, compared with 28% in Europe.