Headlines
Bloomberg MarketsUS Companies Announce Most January Job Cuts Since 2009Bloomberg MarketsBOE Holds Rates at 3.75% in Tight DecisionBloomberg MarketsMacron Plans to Discuss Strong Euro at EU Summit Next WeekBloomberg MarketsGilts Jump, Pound Drops as BOE Vote Fuels Bets on March CutBloomberg MarketsBitcoin Drops Below $70,000 as ‘Forced Deleveraging’ AcceleratesBloomberg MarketsUS Government Plans New Mining House to Tap Africa’s CopperbeltBloomberg MarketsLondon Stock Exchange Shares Rebound as JPMorgan, Goldman Downplay AI RiskBloomberg MarketsIndia Is Unlikely to Break Its Russian Oil Connection No Matter What Trump ClaimsBloomberg MarketsKKR’s Profit Hit by Clawback at Asia Private Equity FundBloomberg MarketsBrazil’s Only Rare Earth Producer Offers US Stake Option for Loan DealBloomberg MarketsTrump Says Iran Should Be ‘Very Worried’ Ahead of TalksBloomberg MarketsFollow ECB’s Interest Rate DecisionBloomberg MarketsAlphabet Plans Record Spending; US-Iran Talks Set for Friday |Bloomberg Brief 2/5/2026Bloomberg MarketsCrypto Markets Get Trapped in a Downward SpiralFinancial TimesSterling and UK government bonds hit as pressure mounts on StarmerBloomberg MarketsUS Companies Announce Most January Job Cuts Since 2009Bloomberg MarketsBOE Holds Rates at 3.75% in Tight DecisionBloomberg MarketsMacron Plans to Discuss Strong Euro at EU Summit Next WeekBloomberg MarketsGilts Jump, Pound Drops as BOE Vote Fuels Bets on March CutBloomberg MarketsBitcoin Drops Below $70,000 as ‘Forced Deleveraging’ AcceleratesBloomberg MarketsUS Government Plans New Mining House to Tap Africa’s CopperbeltBloomberg MarketsLondon Stock Exchange Shares Rebound as JPMorgan, Goldman Downplay AI RiskBloomberg MarketsIndia Is Unlikely to Break Its Russian Oil Connection No Matter What Trump ClaimsBloomberg MarketsKKR’s Profit Hit by Clawback at Asia Private Equity FundBloomberg MarketsBrazil’s Only Rare Earth Producer Offers US Stake Option for Loan DealBloomberg MarketsTrump Says Iran Should Be ‘Very Worried’ Ahead of TalksBloomberg MarketsFollow ECB’s Interest Rate DecisionBloomberg MarketsAlphabet Plans Record Spending; US-Iran Talks Set for Friday |Bloomberg Brief 2/5/2026Bloomberg MarketsCrypto Markets Get Trapped in a Downward SpiralFinancial TimesSterling and UK government bonds hit as pressure mounts on Starmer
Glass HouseECONOMY
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

Turkey and Chevron Sign Agreement on Global Oil and Gas Exploration

Bloomberg Markets
Thursday, February 5, 2026 at 11:16 AM
~4 min read
Energy

Original Report

Turkey signed a deal with Chevron Corp. on Thursday to jointly explore for oil and gas around the world, the country’s energy ministry said.

Glass House Analysis

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%