Energy

The new energy war in the Eastern Mediterranean (and why Egypt and Turkey stand to gain) - EL PAÍS English

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DW NOTE

The Eastern Mediterranean has three new gas fields coming online and no working tanker routes through Hormuz. Egypt controls Suez, Turkey controls Bosphorus — both now sit between European demand and the only hydrocarbon supply lines the Gulf can't interdict. That's not energy policy, that's a chokepoint auction.

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The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des

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The new energy war in the Eastern Mediterranean (and why Egypt and Turkey stand to gain) - EL PAÍS English

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