Erdogan Accuses Russia, the US, and France of Supplying Weapons to Armenia

Recep Tayyip Erdogan, the President of Turkey, accused Russia, the United States, and France of supplying arms to Armenia. Erdogan claimed that the countries fuel the escalation of violence in the pro-Armenian enclave of Nagorno Karabakh, disputed with Azerbaijan, a Turkish ally.

Erdogan has thus accused the so-called Minsk Group of the Organization for Security and Cooperation in Europe (OSCE) made up of these three countries supporting Armenia by all means with weapons. 

The Turkish president redoubled his attacks against these three countries. In fact, he pointed out that they are all on Armenia’s side in the conflict.

Erdogan has once again repeated his support for Azerbaijan. He said that he was praying that the country could succeed in the conflict. And thereby expel the Armenians from the “occupied territory.”

With Russia’s help, Armenia took control of the entire Nagorno Karabakh enclave and seven adjoining districts on Azerbaijani soil during the war in 1994.

Azerbaijan maintains that it is fighting to recover the territory recognized by the international community

Since then, mediation efforts by Russia, France, and the United States, co-chairs of the Minsk Group in the Organization for Security and Cooperation in Europe (OSCE), have failed to resolve the conflict over sovereignty in this region.

Azerbaijan maintains that it is fighting to regain control of a territory recognized internationally as its own. For its part, Armenia claims that it is defending the right of self-determination of the Nagorno Karabakh region.

Turkey discovered new deposits of gas 

Erdogan announced on Friday the discovery of a deposit of 320,000 million cubic meters of natural gas in the Black Sea. It is an unprecedented discovery, and the Turkish president hopes to start exploiting in 2023.

Erdogan does not rule out that the localized field is only part of a more extensive resource. Thus, he hopes that there may be more news shortly.

Despite the pompous announcement, the lira and the stock market registered declines after the news. 

Jonathan Lamb, a senior oil and gas analyst at Wood & Company, stated that it is not clear yet how much of this gas can be recovered.

What the market really wants to know is also how much they can produce per year. However, the analyst doesn’t think they are in a position to say that.

The Drill Ship Fatih made the discovery on July 20. It began drilling in the Tuna-1 field. It is located about 150 kilometers off Turkey’s coast, near the maritime borders with Bulgaria and Romania.

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