LONDON: The idea of creating a gas hub in Turkiye is still on the table and yet if it’s established, it would be an electronic trading platform rather than a physical facility to store large volumes of Russian gas, according to president Vladimir Putin. The Kremlin came up with the plan to establish a major gas-trading hub in Turkiye last October after its energy relations with the West reached its lowest point in decades following Russia’s invasion of Ukraine. Back then, Putin talked about pote

LONDON: The idea of creating a gas hub in Turkiye is still on the table and yet if it’s established, it would be an electronic trading platform rather than a physical facility to store large volumes of Russian gas, according to president Vladimir Putin. The Kremlin came up with the plan to establish a major gas-trading hub in Turkiye last October after its energy relations with the West reached its lowest point in decades following Russia’s invasion of Ukraine. Back then, Putin talked about pote

PETALING JAYA: The rising geopolitical tensions in the Middle East could result in potential jet fuel price hikes and lower passenger traffic, thus impacting the aviation sector negatively.No aviation player will be spared if a full blown war erupts in the Middle East. Maybank IB Research estimates that up to 26% of earnings and target price( TP) of Malaysia Airports Holdings Bhd( MAHB) are at risk should passenger traffic to and from the Middle East cease. For Capital A Bhd and AirAsia X( AAX),