IEA’s Birol urges Iraq-Turkey pipeline as Hormuz closure persists
“They now intend to bill us for seven to eight months of storage fees.”
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.
New World Development Co. sold out all the flats in the first phase of its Pavilia Farm III residential project in Hong Kong, according to the developer.
Travel on all public transport in the Australian state of Victoria will be free in May and then half price for the remainder of this year as the government ramps up help for consumers battling high fuel costs.
Surcharge on luxury units is a gamble that the ultrawealthy won’t leave for low-tax states.
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