. The price of fuel in Turkey has recently set a historic record due to the huge increase in the price of energy in the world market and the disruption of the supply chain. The price of diesel has crossed 100 Turkish liras (2.05 US for the first time, which has a direct impact on the kitchen, transportation and the overall economy.

The rising energy prices in Turkey’s economy have led to a serious crisis. This price hike has been very challenging, especially for Turkey, which is a large importer of oil and natural gas.

Turkey’s internal market has been affected by concerns about supply disruptions in the Strait of Hormuz and the price of crude oil in the world market of above $100 dollars per barrel.With nearlyhalf of the country’s population dependent on the minimum wage (28,075.50lira), the fuel price hike has hit the middle and lower classes the most.

Retired Architect Yusuf Koceoglu says, “It has become impossible to live on pensions, we are living on savings .” A increase in the price of fuel also causes the price of food to transportation to skyrocket. ’

Its impact is also evident in transport and daily consumables. Due to inflation, vehicle owners have been forced to leave private vehicles and use public transport or company buses.

According to Teachers Hilal Onataka, the price of fuel is sure to increase the rent of the house and the maintenance of the apartments. Although the Turkish government is trying to control inflation, this increase in energy prices has slowed the process. Finance Minister Mehmet Simsekle has admitted that the pace of controlling inflation is slower than expected due to external factors. The energy minister said Alpsarlan BayerQatar Russia-Ukraine and regional tensions “perfect storms have created external pressure on the country’s economy.”