Explosion reported in an oil refinery at northwestern Turkish province of Kocaeli, while causes of the explosion at the oil refinery are unknown, according to Al-Arabiya

The explosion at an oil refinery in Kocaeli, Turkey could signal supply disruptions in the energy market, especially if it leads to prolonged outages.

Newsquawk StaffPublished 30 Jan 2026, 06:09 UTCOn the live feed at 05:49 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

06:00

SARB MPC member Loewald is to retire on March 1st

05:57

Hana Financial Group (086790 KS) FY25 (KRW) oper. profit rose 10% to 5.4bln

05:49

Explosion reported in an oil refinery at northwestern Turkish province of Kocaeli, while causes of the explosion at the oil refinery are unknown, according to Al-Arabiya

05:19

LG Electronics (066570 KS) final Q4 (KRW) loss 828bln, oper. loss 109bln (prelim. loss 109bln), rev. 23.9tln (prelim. 23.9tln)

05:16

Tokyo Gas (9531 JT) 9-month (JPY) net 166.3bln (prev. 33.5bln Y/Y)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

Given the ongoing volatility in oil prices, this incident may draw immediate attention from traders, potentially pushing WTI prices higher, especially if there are concerns about further escalations or similar risks in the region.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/8 Sept · 19:59 UTC

IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports.

Brent crude, after we published+0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.