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GLOBALink | Soaring energy costs squeeze Turkish businesses amid regional instability

GLOBALink | Soaring energy costs squeeze Turkish businesses amid regional instability

Xinhua
14 Apr 2026, 13:45 GMT+

Geopolitical tensions and Strait of Hormuz shipping disruptions have driven up prices since early April, hitting consumers hard. In Istanbul, soaring costs are squeezing local merchants. Many chose to turn to cheaper, lower-quality food, raising public health concerns. #GLOBALink

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