ISTANBUL, June 18 (Xinhua) -- As tensions between Iran and Israel escalate, Turkish experts are raising alarm over the conflict's potential ripple effects on global energy supplies and vital trade routes. They warn that prolonged instability could trigger soaring oil prices and destabilize energy-dependent economies worldwide, with Türkiye among the most vulnerable.
Necdet Pamir, an energy policy expert and academic at Istanbul Topkapi University, emphasized that whether a country is an importer or an exporter, an uncontrollable surge in oil prices would strain all sectors and place immense pressure on the global economy.
