Turkiye says world should prepare for energy crisis over Iran war lasting longer

Turkish Energy Minister Alparslan Bayraktar says the world should prepare for the energy price and supply crisis, stemming from the Iran war, potentially lasting longer, Reuters reports.

Speaking to broadcaster TVNET, Bayraktar added that Turkiye is not experiencing any supply issues at the moment, but that certain developments regarding the Strait of Hormuz and the withdrawal of the United Arab Emirates from OPEC last month add to the uncertainties.

Our readers are at the heart of everything we do.
Do you have a thought to share or a way we can improve? We’d love to hear it. Reach out to us at feedback@dawn.com.

Iran Israel War

Branded Content

Resecurity partners with BankIslami Pakistan to enhance digital risk monitoring and cyber threat intelligence

The partnership marks a significant step in strengthening BankIslami's cybersecurity posture through cutting-edge intelligence capabilities.

Alif Holdings hosts Real Estate CEOs Conference with Bilal Yaseen live podcast by Mansoor Ali Khan

Topics expected to be discussed include housing policy, urban development, investment confidence, infrastructure planning and the future outlook of Pakistan’s real estate industry.

'The Tide Continues To Rise' – ABHI Microfinance Bank

ABHI Microfinance Bank entered 2026 with a gradual build-up of a more digitally enabled banking model.

Most Popular

'Hands of friendship': Iran president calls for new regional security structure among Muslim nations

Five moments from the Burgenstock summit that got people talking

Unsustainable growth

Normal speed limits reinstated on motorways, highways

Pezeshkian’s visit

PIA to be handed over to new owners this month

UK PM Starmer announces resignation amid mounting pressure, says will give successor 'full, unequivocal support'

Headway in Swiss talks as US allows Iran to sell its oil

BUDGET 2026-27 : NA panel proposes 30 major changes to Finance Bill

Latest Stories

South Africa stun South Korea to make FIFA World Cup history

New land customs station at Taftan formalised for trade with Iran

Stocks snap three-session losing streak

Oil hits pre-war level as supply fears ease

Bank timings extended for tax collection

Govt skips bidding for motorway project

Opinion

Post-budget chores

Ishrat Husain

The budget shouldn’t be seen as an annual, stand-alone affair.

Updated 25 Jun, 2026

The promise of digital payments

Khurram Husain

25 Jun, 2026

Four vs one

F.S. Aijazuddin

25 Jun, 2026

Museum in a park?

Arif Hasan

Updated 24 Jun, 2026

Trouble at home

Zahid Hussain

Editorial

Updated 25 Jun, 2026

Reflection time

Israel is the biggest source of instability in the Middle East, and it is high time the US ended its blind support to Tel Aviv, if it genuinely wants peace in the region.

25 Jun, 2026