Rumen Radev’s administration faces scrutiny over Turkish Black Sea oil deal and Delian Peevski’s influence

The Bulgarian government is under pressure after it was revealed that Turkish state firm Turkish Petroleum Overseas Company Limited received a 33% stake in the offshore exploration block "Han Tervel" in the Black Sea. Critics allege secret arrangements that could affect Bulgaria’s energy sovereignty. At the same time, President Rumen Radev and MP Delian Peevski are being examined for possible conflicts of interest. A parliamentary commission opened a probe into Peevski’s activities after a complaint was filed, and analysts note his long‑standing strategy of staying close to the ruling coalition. Public opinion on Radev’s administration remains mixed after its first hundred days, with some commentators warning that the president’s appointments may reinforce the “Borisov‑Peevski” model of governance. The controversy has drawn attention from both domestic opposition and foreign observers, highlighting the intertwining of energy policy and political patronage in Bulgaria.