Skip to content
Back to Guavy Wire
Commodities

Turkey Denies Defense Pact Aimed at Iran or Any Other Country

Instruments
Oil
Share

Turkey's foreign minister, Hakan Fidan, has clarified that the recent defense pact between Saudi Arabia, Pakistan, and Turkey is not aimed at any particular country, including Iran. The agreement, signed in Mecca on Friday, brings together oil-rich Saudi Arabia and nuclear power Pakistan with Turkey, which has NATO's second-largest army and a rapidly growing defense industry.

The 'Mecca Joint Defense Agreement' states that an attack on one of the three countries would be considered an attack on all three. This clause is similar to Article 5 of NATO, under which an attack on any member is considered an attack on all members.

Fidan emphasized that the agreement does not define a common threat and that any country not taking hostile action against them is not a target. He also stated that other nations have expressed interest in joining the agreement, with Egypt being a 'natural partner' expected to participate in the next stage.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc