• 5 minutes Malaysia's Petronas vs. Sarawak Court Case - Will It End Up In London Courts?
  • 9 minutes Sell out now or hold on?
  • 16 minutes Oil prices going down
  • 44 mins Oil prices going down
  • 3 hours Oil and Trade War
  • 1 hour After Three Decade Macedonia End Dispute With Greece, new name: the Republic of Northern Macedonia
  • 3 hours When will oil demand start declining due to EVs?
  • 16 hours Two Koreas Agree To March Together At Asian Games
  • 5 hours Sell out now or hold on?
  • 7 hours Correlation Between Oil Sweet Spots and Real Estate Hot Spots
  • 5 hours Russia and Saudi Arabia to have a chat on oil during FIFA World Cup - report
  • 3 hours venezuala oil crisis
  • 2 hours Trump Hits China With Tariffs On $50 Billion Of Goods
  • 3 hours Germany Orders Daimler to Recall 774,000 Diesel Cars in Europe
  • 20 mins What If Canada Had Wind and Not Oilsands?
  • 7 hours Malaysia's Petronas vs. Sarawak Court Case - Will It End Up In London Courts?
  • 16 hours Geopolitical and Political Risks make their strong comeback to global oil and gas markets
  • 13 hours Trump Renews Attack On OPEC Ahead Of Group's Production Meeting
  • 1 hour The Wonderful U.S. Oil Trade Deficit with Canada

Breaking News:

Egypt Raises Fuel Prices By Up To 50%

Alt Text

Germany’s Unstoppable Renewable Revolution

Even with policy reversals and…

Alt Text

EU Could Switch To Euros In Oil Trade With Iran

The European Union (EU) is…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

TURKEY: Erdogan Fails to Regain Control

Bottom Line: If Prime Minister Erdogan continues to mismanage a crisis in the form of 7 days running of mass anti-government protests, the highly influential Gulen Movement will surface to unseat him and reshape the country’s energy ambitions.

Analysis: Mass protests that began benignly over plans to raze the last green park in Istanbul and then turned into mass anti-government riots have continued into their seventh day, with the ruling party and PM Erdogan misjudging their power and failing to get a handle on the situation. What is of most concern is the possibility that the Gulen Movement, a highly influential Islamist group, will take advantage of this opportunity to replace Erdogan with President Abdullah Gul, whom Washington views as a more controllable figure, particularly as Washington is keen to keep the Turks from making any more progress towards an economically independent Iraqi Kurdistan, via oil and gas. Indeed, Erdogan has already hinted at “foreign involvement” in the mass protests. In the meantime, President Gul has adopted an extremely conciliatory response to the protesters, which suggests his agenda is not in line with Erdogan’s. Gul has contradicted Erdogan over the past week, and the Gulen Movement’s mouthpiece newspaper, Zaman, is clearly propping Gul up against Erdogan. While the Gulen Movement has supported the AKP in its rise to power, this may be a sign that that support is being withdrawn. This brings into question…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News