03/02/2026 – Tariff War: The United States and India reach a compromise. White House lowers tariffs from 25 to 18% – Read more news

GAS & POWER: Turkish Energy Minister Bayraktar has relaunched the goal of transforming Turkey into a regional gas hub. The government is considering the construction of a new regasification terminal worth approximately 10 billion cubic meters per year in the region bordering Cyprus. Ankara currently has five operational regasification plants, with a total capacity exceeding 51 billion cubic meters, placing the country among Europe's leading LNG players, second only to Spain.

OIL: An agreement was reached overnight between the United States and India: New Delhi promised to cut off supplies of Russian crude oil to the United States and Venezuela in exchange for a reduction in tariffs imposed by the White House.