Seventh Ottoman–Venetian War: The arrival of naval reinforcements and the news of the Battle of Petrovaradin force the Ottomans to abandon the Siege of Corfu, thus preserving the Ionian Islands under Venetian rule.

The Seventh Ottoman–Venetian War was fought between the Republic of Venice and the Ottoman Empire between 1714 and 1718. It was the last conflict between the two powers, and ended with an Ottoman victory and the loss of Venice's major possession in the Greek peninsula, the Peloponnese (Morea). Venice was saved from a greater defeat by the intervention of Austria in 1716 and by some naval success. The war ended with Treaty of Passarowitz in 1718.

The Battle of Petrovaradin also known as the Battle of Peterwardein, took place on 5 August 1716 during the Austro-Turkish War when the Ottoman army besieged the Habsburg-controlled fortress of Petrovaradin on the Military Frontier of the Habsburg monarchy. The Ottomans attempted to capture Petrovaradin, the so-called Gibraltar on the Danube, but experienced a great defeat by an army half the size of their own, similar to the defeat they had experienced in 1697 at the Battle of Zenta. Ottoman Grand Vizier Damad Ali Pasha was fatally wounded, while the Ottoman army lost 20,000 men and 250 guns to the Habsburg army led by Field Marshal Prince Eugene of Savoy.

The Ottoman Empire, also called the Turkish Empire, was an imperial realm that controlled much of Southeast Europe, West Asia, and North Africa from the 14th to early 20th centuries; it also controlled parts of southeastern Central Europe, between the early 16th and early 18th centuries.

The siege of Corfu took place on 8 July – 21 August 1716, when the Ottoman Empire besieged the city of Corfu, on the namesake island, then held by the Republic of Venice. The siege was part of the Seventh Ottoman–Venetian War, and, coming in the aftermath of the lightning conquest of the Morea by the Ottoman forces in the previous year, was a major success for Venice, representing its last major military success and allowing it to preserve its rule over the Ionian Islands.