Turkey Pushes Gulf Oil Deals Weeks Before Hosting Global Climate Summit
Turkey is courting Gulf oil and gas producers to route supplies through its territory, just weeks before it hosts COP31 climate talks. The push highlights a tension between Turkey's climate leadership role and its fossil fuel strategy.
Turkey is promoting itself as a key transit route for Gulf oil and gas, just weeks before it hosts COP31, the world's major climate talks [1]. The country's climate leadership role appears to conflict with its fossil fuel strategy, raising questions about its dual priorities [1].
The move comes as global energy markets remain unsettled. Qatar, the world's second-largest exporter of liquefied natural gas (LNG), is buying U.S. LNG at roughly 11 times the price of its own gas, securing a foothold in U.S. markets while meeting supply contracts in Asia and Europe [2].
France has also turned to Saudi Arabia for additional diesel supplies, with the Elysée Palace saying the kingdom would provide fuel "for as many months as necessary" following a surprise visit by President Emmanuel Macron [3].
Meanwhile, a tanker carrying Russian diesel has intermittently signaled it was headed to the United States, potentially marking a resumption of direct fuel shipments as President Donald Trump pushes to increase global fuel supplies following his deal with Russian President Vladimir Putin [4].