International Energy Agency Executive Director Fatih Birol proposed building a new oil pipeline linking Iraq’s Basra oil fields and Turkey’s Mediterranean oil terminal in Ceyhan to shift the balance away from the Strait of Hormuz, according to Turkish newspaper Hürriyet.
IEA Head Pitches Iraq-Turkey Pipeline to Bypass Hormuz: Hürriyet
Selcan Hacaoglu·Bloomberg Markets··1 min readLimited
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