Expert: The Turkish economy is exposed to an unexpected blow due to the Hormuz crisis

ACTUALITEExpert: The Turkish economy is exposed to an unexpected blow due to the Hormuz crisis

Economic analyst Mustafa Khaliloglu told Novosti: “The escalation in the Middle East caused a sharp rise in the prices of strategic raw materials and raised concerns about supply chains. “Basic metals and chemical components are witnessing rapid price increases, which constitutes a major shock to Turkey.” He pointed out that the situation is very critical in the sulfur and sulfuric acid markets: “The price of sulfur has approached […]


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