Prices are rising sharply in Turkmenistan after the war disrupted imports from neighbouring Iran, a major supplier of fruit, vegetables, construction materials and cigarettes. Retailers and consumers warn the shortages are already driving up costs.
Prices have doubled in Turkmenistan’s capital, Ashgabat, according to market data and business owners.
Aman, a construction materials dealer in Ashgabat, told Reuters: “Stocks are rapidly depleting, and new shipments are not arriving. The outlook is paralysed and uncertain. We are currently selling Iranian goods at a higher price — 50–70% higher.”
Potatoes, cucumbers and fruit have doubled in price at Ashgabat bazaars as of Thursday, according to local market data. The Turkmen capital lies about 30 km (19 miles) from the Iranian border.
Iran and Turkmenistan have a reciprocal trading relationship, with Turkmenistan - which has the world’s fourth-largest gas reserves - exporting electricity to Iran’s north-eastern provinces. In the past, it has also supplied some of its vast natural gas reserves to Turkey and Azerbaijan through gas-swap agreements with Iran.
Turkmen authorities have said the conflict in the Middle East is “regrettable.”
Turkmenistan has long adhered to strict neutrality in international affairs. However, its former president and “National Leader”, Gurbanguly Berdymukhamedov, congratulated Mojtaba Khamenei on his selection as Iran’s new supreme leader, according to state media.
Russia will hold parliamentary elections from 18 to 20 September 2026, the country's first State Duma vote since Moscow launched its full-scale...
Ukrainian President Volodymyr Zelenskyy said that Ukraine was carrying out tests on a new weapon to intercept dron...
European Commission President Ursula von der Leyen is outlining the EU's priorities in her annual State of the Union address, covering security...
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
European Commission President Ursula von der Leyen is outlining the EU's priorities in her annual State of the Union address, covering security, support for Ukraine, trade with China, migration, climate and artificial intelligence.
At least 12 Palestinians, including five children, were killed after a seven-storey apartment building in Gaza collapsed overnight, leaving dozens trapped beneath the rubble.
Türkiye has completed production of its first lunar spacecraft, with the probe now undergoing tests ahead of a planned launch in early 2027.
Kazakhstan and South Korea have agreed to upgrade relations to a comprehensive strategic partnership, as the two countries discuss nearly $19 billion in projects spanning energy, critical minerals and infrastructure.
The opening day of the 24th Arab Media Summit in Dubai highlighted how geopolitical, economic and technological upheaval is reshaping not only the region, but the media industry itself.
Georgia's move to comply with U.S. sanctions on Iranian airlines has sparked a diplomatic exchange with Tehran, as Tbilisi faces growing scrutiny in Washington over its ties with Iran, Russia and China.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment