Turkey restricts sulfur exports as regional strikes shut down oil refineries, causing commodity prices to surge.

The entities involved

• Turkey →

  country in West Asia and Southeast Europe

  • India attends the COP31 climate summit in Turkey while Niti Aayog receives a report from ASSOCHAM.09:09
  • Cross-border attacks linked to suicide bombers from Afghanistan are occurring amidst diplomatic efforts regarding border issues in Islamabad and Kohat.08:25
• sulfur →

  chemical element with symbol S and atomic number 16

  Nothing else this week.

• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • Conflict in the Middle East caused sharp rises in gasoline prices, contributing to overall food inflation.09:13
  • Rising fuel costs and cost of living are driving food price increases and protests in Delhi, linked to the Middle East war.09:13

Related events

• Turkey secures new energy and defense deals, including a diesel supply from Russia and reliance on Azerbaijan, while seeking US partnerships.Oct 19
• Conflicts in Russia and the Middle East are contributing to market pressure and affecting diesel supplies.Oct 14
• Ongoing conflicts in the Middle East and Ukraine are affecting global oil supplies and driving price hikes.Sep 16
• Global markets are affected by Middle East de-escalation, ongoing Ukraine energy attacks, and Donald Trump's waiver of Russia sanctions.Oct 19