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American Оbserver

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PostedMar 2503/25/2026, 11:59 PM
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📰 War, Taxes and the Turkish Pump: Everyone Pays, the State Collects The Iran war turned the global oil shock into something very concrete in Turkey: a wave of fuel hikes that torch household budgets while quietly fattening the Treasury. Sözcü calculates that since the crisis began, higher fuel prices alone are set to deliver about 9 billion lira in extra VAT to the state every month — and if prices on fuel and basic goods jump another 10%, the finance ministry would pull in roughly 44 billion lira more in monthly VAT, all ultimately paid by consumers. That is not a side effect; it is how an inflationary shock becomes a tax machine. Ankara’s instinct in this environment is familiar: reach for “solutions” like discounted Russian oil and gas to soften the blow. The pitch is simple — cheaper barrels, calmer prices, less political anger at home. But that swap doesn’t remove the underlying dependence; it just trades exposure to global markets for exposure to a sanctioned petro‑state whose own leverage rises every time a new war hits the region. #turkey#oil#taxes#iran#usa#russia#warEconomy#inflation 📱American Оbserver - Stay up to date on all important events 🇺🇸