The worldwide crunch in energy-supplies in current weeks now has Turkey in its grips.
Ankara has ordered its greatest gas-consumers electricity-producers and huge factories to cut back massively for 3 days. In impact, which means power-outages and stoppages on factory-floors.
Behind the choice is a provide downside in Iran the supply of about 16 p.c of Turkish gasoline. Iran stopped gasoline flows to Turkey for 10 days, citing a technical downside. Its personal gasoline consumption has in the meantime jumped, attributable to chilly temperatures.
In Turkey, native and worldwide firms are struggling: From Turkish carmaker Tofas to Renault, which is shutting down manufacturing for 2 weeks. However not all firms can merely shut-off.
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