The impact of the Turkish-Israeli trade crisis on the region

Recently, trade relations between Türkiye and Israel have been shaky. Although Türkiye and Israel have had a free trade agreement for many years, Türkiye announced that it would stop all trade with Israel, to which Israel responded that it intended to abolish the free trade agreement and also impose additional 100% tariffs on imports from Türkiye. This crisis will not only affect the two parties, but possibly also EU traders.