Zero Hedge: Economic problems resulting from US sanctions and the decline in the value of the Turkish lira will increase the already record high trade deficit, currently half of which is related to energy imports. In 2017 it amounted to 77 billion USD, more than twice the amount of 2016. Erdoğan is determined to create a politically dominant state. To this end he needs to ensure energy independence, which can be done through the occupation of the oil fields in Kirkuk, and the acquisition of the gas fields of Cyprus.
The increase in oil prices will affect the trade deficit even more, while 75% of its value will be energy imports. The average annual barrel price in 2017 was 54 USD, and this year the average cost is about 70 USD, and the price will continue to rise.
All of this is a drag on Turkish economy. To counteract the negative balance sheet, Recep Erdoğan will take more determined steps to ensure energy independence. This, however, will lead to turmoil in the region.
[The map of Turkey according to the Ottoman Parliament-sealed, 1920 National Oath that designates today’s Kurdistan Region, Mosul, Syrian Kurdistan, Aleppo, parts of the Balkans and Caucasus as Turkish soil.]
Kirkuk, one of the oldest and largest oil fields in the Middle East, is located in the Kurdish autonomous area in northern Iraq.
Opinion: Do you see why Turkey hates the Kurds (Biblical Medes)? Erdogan knows that for his country to become a recreation of the Ottoman Empire with himself as Sultan, he will need vast amounts of oil and gas. Erdogan thinks that Kirkuk is rightfully his.
Ezekiel may not have known the geo-political climate of today but he knew that Turkey would join in an alliance to take ‘plunder’ from Israel and try to destroy Israel for good. If Erdogan fails to secure Kirkuk he will likely turn his sights to the oil and gas fields in Israel.
“You will say, ‘I will go up against a land of unwalled villages; I will go to a peaceful people, who dwell [d]safely, all of them dwelling without walls, and having neither bars nor gates’— to take plunder and to take booty, to stretch out your hand against the waste places that are again inhabited, and against a people gathered from the nations (Israel’s rebirth May 14, 1947 ), who have acquired livestock and goods, who dwell in the midst of the land” Ezekiel 38:11-12
Ezekiel is prophesying against Russia, Iran, Turkey and at least 4 North African nations which Turkey has diplomatic relations (Ezekiel 38:1-6).
For 2000 years bible students have debated the plunder. Many thought it would be Solomon’s vast gold holdings and 1st temple artifacts that if found would have incalculable value. Few thought that the plunder could be oil and gas since Israel didn’t have any until around 2010.
“By the God of your father who will help you,
And by the Almighty who will bless you
With blessings of heaven above,
Blessings of the deep that lies beneath,
Blessings of the breasts and of the womb” Genesis 49:25
It is possible that Jacob’s four thousand year old blessing began to unfold with the discovery of the Levant gas reserves off Israel’s coast. Since then oil and gas have been found near the Dead Sea and a rarely talked about December 2016 find in the Golan Heights.