Global energy crisis is ‘the mother of all crises’: Turkish energy minister

Turkish Energy Minister Alparslan Bayraktar stated that the crisis in the Strait of Hormuz, due to the US and Israel's war on Iran, highlights the need to diversify energy routes. He described the current global energy crisis as 'the mother of all crises' and noted that Turkey has become a pivotal country in the energy sector due to its strategic investments and location. Despite having sufficient strategic reserves, the rising costs of oil and gas still burden the state budget.