IEA chief Fatih Birol warns that the Strait of Hormuz crisis has permanently altered global energy dynamics, calling for alternative routes such as a Basra–Ceyhan pipeline via Türkiye to enhance supply security for Europe and global markets. Hormuz risk now a permanent feature of energy markets Fatih Birol said the temporary reopening of the Strait … Continue reading Fatih Birol proposes Basra–Ceyhan pipeline as ‘golden opportunity’ amid Hormuz risks