Turkey opposed Iran war but now eyeing how to profit from it

Turkey's economy wasn't ready for the Israeli-American war on Iran and is still dealing with its fall-out – but Erdogan sees the crisis as an opportunity for his country to become a regional energy market center and to provide an alternative to shipping lanes in the Persian Gulf

Haaretz
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Turkey opposed Iran war but now eyeing how to profit from it

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Turkey's economy wasn't ready for the Israeli-American war on Iran and is still dealing with its fall-out – but Erdogan sees the crisis as an opportunity for his country to become a regional energy market center and to provide an alternative to shipping lanes in the Persian Gulf

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Zvi Bar'el

06:00 AM • April 28 2026 IDT

Time is running out for Turkish President Recep Tayyip Erdogan. The Iran war may not have hurt him directly. NATO's anti-aircraft batteries took out the missiles that Iran fired at U.S. air bases in Turkey. Its situation so far has been incomparable to that of the United Arab Emirates, which suffered most of the damage.

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