Türkiye halts oil supplies, suspends stock trading after earthquakes

Turkish energy and stock market sector have been affected by 7.8 magnitude catastrophic earthquake that struck south the country early on Monday, as the Turkish stock index continued to decline since the start of trading, said Anadolu Agency.

Meanwhile, operations at Türkiye’s oil terminal, Ceyhan were halted by the earthquake, and other ports in southeast Türkiye have also affected and reported a delay in operations.

Kirkuk-Ceyhan pipeline, which transfers oil from Iraq to Türkiye hasn’t affected by the major earthquake along with the Baku–Tbilisi–Ceyhan pipeline, an official told Reuters, adding that oil flows in both pipelines.

Iskenderun Port that located in Southern Hatay Province halted due to the massive earthquake, while operations in neighboring ports are not affected at all, according to the Turkish Maritime Authority.

Noteworthy, that the U.S. Geological Survey has reported another 7.5 magnitude quake struck southeast Türkiye after first devastating earthquake that claimed the lives of hundreds in Türkiye and Syria