"Libya unrest exposes Turkey’s energy scars
As port activities in Tripoli and Benghazi are halted and foreign energy companies pull back from Libya, Turkey’s dependency on oil imports is predicted to upturn all hopes regarding inflation and the current account deficit. If Brent crude oil averages $110 per barrel this year, Turkey’s current account deficit to gross domestic product ratio will surge to a dangerous 8.5 percent, an analyst says. "
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