Minister of Treasury and Finance Mehmet Şimşek evaluated the developments in global diesel prices on his social media account.
Pointing out that global energy markets are going through an extraordinary period, Şimşek said:
“Despite the significant decline in crude oil prices compared to the wartime peak, the pressure on diesel prices continues due to the supply congestion caused by transportation disruptions and refinery outages. The diesel Brent oil margin is around 100 dollars per barrel, approximately 5 times the long-term average. With the last step we have taken within the scope of Esel mobil in diesel, we limit the reflection of this extraordinary global shock on our citizens and at the same time continue to maintain budget discipline.”
