Feb 26 β€’ 18:33 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

Turkish Media: Huge energy deal worth $500 billion to 'unlock' F-35s is being negotiated by Ankara with the US

Turkish media report that Ankara is close to signing a multi-billion dollar energy deal with the US to secure approval for the purchase of American F-35 fighter jets.

Recent Turkish media reports state that Ankara is negotiating a substantial energy partnership worth $500 billion with the United States, aimed at gaining approval for the purchase of F-35 fighter jets. This agreement would involve American energy companies investing in research, production, and development activities in Turkish territorial waters in the Mediterranean, as well as in Syria and Libya. The report highlights discussions in which the US would support Turkish energy initiatives, raising complex geopolitical implications for both countries.

If confirmed, this deal is likely to exacerbate concerns in Athens over Washington's business-oriented approach to foreign policy under President Donald Trump. The energy collaboration is perceived as a strategic move by Turkey to strengthen its position in the region while navigating its complicated relations with the US. There is also the potential for this agreement to shift the balance of power in Eastern Mediterranean energy dynamics, particularly as it relates to ongoing tensions between Greece and Turkey.

Moreover, such a significant partnership could enhance Turkey's economic stability through foreign investment and potentially alter its financial system. The prospect of American investment in Turkey could lead to greater cooperation but might also lead to increased scrutiny from neighboring countries, especially Greece, who are watching the developments closely. The implications of this deal could reverberate beyond bilateral ties, influencing regional geopolitics and energy security.

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