• 2 days PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 3 days Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 3 days Syrian Rebels Relinquish Control Of Major Gas Field
  • 3 days Schlumberger Warns Of Moderating Investment In North America
  • 3 days Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 3 days Energy Regulators Look To Guard Grid From Cyberattacks
  • 3 days Mexico Says OPEC Has Not Approached It For Deal Extension
  • 3 days New Video Game Targets Oil Infrastructure
  • 3 days Shell Restarts Bonny Light Exports
  • 3 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 3 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 3 days British Utility Companies Brace For Major Reforms
  • 4 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 4 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 4 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 4 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 4 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 4 days Rosneft Signs $400M Deal With Kurdistan
  • 4 days Kinder Morgan Warns About Trans Mountain Delays
  • 4 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 4 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 5 days Russia, Saudis Team Up To Boost Fracking Tech
  • 5 days Conflicting News Spurs Doubt On Aramco IPO
  • 5 days Exxon Starts Production At New Refinery In Texas
  • 5 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 6 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 6 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 6 days China To Take 5% Of Rosneft’s Output In New Deal
  • 6 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 6 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 6 days VW Fails To Secure Critical Commodity For EVs
  • 6 days Enbridge Pipeline Expansion Finally Approved
  • 6 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 6 days OPEC Oil Deal Compliance Falls To 86%
  • 7 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 7 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 7 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 7 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 7 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 7 days Aramco Says No Plans To Shelve IPO
Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

Bombings In Istanbul Kill 12

Istanbul Bombing

Twelve people, including seven Turkish officers, have perished in a bombing that targeted a police car in the central district of Istanbul, Oilprice.com sources on the ground have confirmed.

The city’s governor, Vasip Sahin, said the bomb had been placed inside of a car and exploded when the police vehicle passed nearby.

The explosion occurred close to the Vezneciler metro station and could have put tourists in danger as major historic and cultural sites, such as the Suleymaniye Mosque, are within walking distance of the site.

Al Jazeera reported that a second blast caused by a gas canister had also occurred near the Grand Bazaar, possibly to keep tourists away.

Related: Permian Springs To Life With $50 Oil

The government-run news channel TRT said the vehicle had been in the Beyazit district of Istanbul. Pictures of the bus from after the wreckage show it in mangled form, while nearby shops had their windows broken due to the force of the blast.

Later on Tuesday, Turkish President Tayyip Erdogan told reporters that the country’s war on militant and terror groups would continue “to the end” and that the blasts were “unforgivable.”

The national leader visited the victims of the attack before giving his public response to the incident.

The bombings, which occurred during the first days of the Islamic holy month of Ramadan, have not been claimed by any terrorist group as of yet, though Oilprice.com sources on the ground in Istanbul say the attack bears markings of the PKK, the Kurdistan Workers Party, against whom the government has launched an offensive against in southeastern Turkey and northern Iraq.

Istanbul has already suffered two attacks at the hands of the Islamic State (ISIS) this year.

Related: Oil Prices Stimulated By Fed’s Inaction

Security forces had been on high alert in Turkey since last month, after a bomb blast injured four people in the capital city.

Two other attacks, claimed by the PKK or affiliated groups, occurred in Ankara.

Analysts say the attacks have had a “dire” effect on the summer tourism season in Turkey, which saw a 28 percent decline in visitors during April 2016, when compared to the same month last year.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

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