Turkey’s Fuel Stations Have to Update Pumps To Double-Digit Gas Price

Soaring energy prices in resource-poor Turkey and a record dip of the local currency are forcing fuel distributors to consider how to update pumps to quote double-digit gasoline and diesel prices, Bloomberg reports. Turkey relies on imports for much of its energy demand. The recent price rallies of energy commodities have sent fuel prices higher and nearing double digits. A slump in the local currency, the Turkish lira, against the U.S. dollar will further raise the prices at the pump, and gas stations need to figure out now how to display double-digit…