OIL: Turkey says it will terminate the Iraq oil pipeline agreement governing crude exports via Ceyhan in July 2026

Ankara is unhappy with the pipeline's under-utilisation, according to a senior official

In Turkey, it's an expensive headache for the specialist ships involved in Black Sea gas production, a precision engineering project in which every centimeter maters.

To counter jamming, it's had to buy military-grade anti-jamming gear, but it's expensive and isn't immune

The number of false signals due to so-called jamming has exploded in regions of tension like the Black Sea, Baltic Sea and Persian Gulf

BIG TAKE: Merchant shipping, the backbone of world trade, is caught in the crossfire of worsening electronic warfare
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Exclusive: Azerbaijan’s Socar is in advanced talks to buy a gas-fired power plant in Turkey, a move that would see the state-owned producer and exporter of the fuel move downstream into the country’s electricity market

🥚Turkish eggs are increasingly off the table for foreign consumers.

The government tripled a tax on egg exports overnight. The levy was introduced in Feb. due to Ramadan, but now looks set to stay

Turkey Energy Minister interview highlights:
• Turkey may start supplying natural gas to Syria as soon as summer
• In talks for more US LNG and planning broader US energy cooperation
• Ankara, Azerbaijan working to increase Bulgaria-Turkey gas interconnection capacity

It's also investing in sea drones, or unmanned surface vehicles, which are set to shake up combat at sea just as they have in the air.

Janes expects the global market USV market to be worth ~$7.8b by 2032

(Video from Turkish Navy)

Turkey's spending more on defense than ever before, but it's also exporting its homegrown products around the world, with naval systems on order everywhere from Pakistan to Portugal

That brings in welcome cash, but also independence from foreign suppliers

It's a timely bet amid heightened maritime tensions, from the Houthis in Yemen, to Russia-Ukraine in the Black Sea and underwater sabotage in the Baltic

It's all part of the "Blue Homeland" doctrine under which Ankara seeks to assert greater control of the waters around it – and the energy resources they might contain