Turkey, which is a very important center for connecting Euro-Asian logistics, recently experienced a devastating earthquake. The earthquake caused power outages and damaged factories and warehouses, affecting production, inventory and storage of raw materials.
Most of the infrastructure and critical logistics facilities in the region, such as air and sea ports, have been destroyed and are struggling to recover.
The port of Iskenderun in southern Turkey experienced the most impact, which means that Turkey lost one of the two largest logistics centers in the region.
It was emphasized that the earthquake will continue to affect the local economy, could further negatively affect oil prices and worsen already severe inflation.