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IEA chief calls for new Iraq-Turkey oil pipeline to reduce Hormuz reliance – report

by theadvisertimes.com
4 months ago
in Business
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IEA chief calls for new Iraq-Turkey oil pipeline to reduce Hormuz reliance – report
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Apr 20, 2026, 5:27 AM ETProShares Ultra Bloomberg Crude Oil ETF (UCO), SCO, USOI, OILK, GUSH, DRIP, USO, XLE, BNO, DBE, DBO, MLPXBy: Jessica Kuruthukulangara, SA News EditoradditionalLabel
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Fatih Birol, executive director of the International Energy Agency, has called for a new pipeline linking Iraq’s Basra oil fields and Turkey’s Ceyhan Port to reduce reliance on the Strait of Hormuz.

“I believe a Basra-Ceyhan pipeline could be extremely



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