The magnitude 7.8 earthquake was felt most strongly in Turkey and Syria, but reached as far as Iraq, Egypt and other countries in the region. Turkey has appealed for international help for rescue efforts.
IZMIR - Oil prices rose on Tuesday on sustained expectations of recovering demand in the world's largest oil importer, China, as well as supply concerns following two major earthquakes in Trkiye. International benchmark Brent crude traded at $82.14 per barrel at 09:48 a.m. local time (0648 GMT), up 1.4 percent from the closing price of $80.99 a barrel in the previous trading session. At the same time, American benchmark West Texas Intermediate (WTI) traded at $75.27 per barrel, a 1.6 percent rise after the previous session closed at $74.11 a barrel. The positive market sentiment was extended after the head of the International Energy Agency, Fatih Birol, stated in an interview on Sunday that China is expected to account for roughly half of the growth in global oil demand this year. "If demand goes up very strongly, if the Chinese economy rebounds, then there will be a need, in my view, for the OPEC+ countries to look at their (output) policies," Birol was quoted as saying
President Erdogan says there are more than 53,000 rescuers in the 10 provinces, but locals complain that some neighborhoods are abandoned as hopes run out for people trapped in the debris.
President Erdogan says there are more than 53,000 rescuers in the 10 provinces, but locals complain that some neighborhoods are abandoned as hopes run out for people trapped in the debris.