Oil Prices Above $100 Per Barrel to Pose Serious Risks to Turkey's Economy - Source

NAMPA / Sputnik

2026-03-06

ANKARA, March 6 (RIA Novosti) - A possible rise in oil prices above $100 per barrel due to the protracted conflict in the Middle East will pose serious risks to the Turkish economy, a source in the Turkish government told RIA Novosti on Friday. On Thursday, Reuters reported, citing a government decree, that Turkish authorities had introduced a "sliding scale" mechanism, which provides for adjustments to the special consumption tax on fuel product......

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