ANKARA, Turkey—Turkey hasn’t been immune to skyrocketing energy costs, driven by pandemic-induced supply disruptions and the effects of the Russia–Ukraine conflict. The government recently raised domestic energy prices for the fourth time this year, in a move expected to exacerbate the country’s already soaring inflation rate.
But the situation isn’t as dire as that now seen in Europe, which faces the specter of crippling energy shortages following Russia’s recent closure of its Nord Stream pipeline.
