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Turkey Depleted Reserves at Record Pace in March Over Iran War

Bloomberg Markets · May 13, 2026, 8:19 AM · Also reported by 3 other sources

Turkey’s foreign reserves had their biggest monthly decline on record in March, as the Iran war triggered global selloffs in emerging market assets and strained the lira.

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DW English Iran war: Oil stocks being used up at record pace, IEA warns Investing.com Japan current account surplus hits record high in March Financial Times IEA warns of further price spikes as global oil inventories fall at record pace

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Turkey Depleted Reserves at Record Pace in March Over Iran War

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