Greece continues to escalate tensions in the Eastern Mediterranean amid calls from the European Union for dialogue. In addition to conducting military exercises, Athens deployed troops to the island of Kastellorizo (Megisti-Meis) and is preparing to conclude an exclusive economic zone (EEZ) agreement with the Greek Cypriots – similar to Athens' controversial deal with Egypt. Last but not least, Greek leaders fueled tensions last week by talking about extending their claims in the Ionian Sea to 12 nautical miles.
During a meeting with the editors of The New York Times seven months ago, former U.S. Vice President and current Democratic presidential candidate Joe Biden labeled President Recep Tayyip Erdoğan an “autocrat” and criticized Turkey for its constructive relations with Moscow and policies over northeastern Syria.
What is the current natural gas situation in Turkey? What does the future hold for Turkey’s energy market? How will Turkey’s economy and foreign policy be affected?