By Yalman Onaran
Bloomberg
ISTANBUL, Turkey -- Turkish authorities are restricting traffic through the Bosporus and delaying Russian oil exports to promote their plans to build pipelines across the country, acting Deputy Foreign Minister Viktor Kalyuzhny said Thursday.
"A special alarm is being sounded consistently for political reasons to promote multiple oil pipelines," Kalyuzhny said at an oil and gas conference in Istanbul. "The straits are only at half their transit capacity. Inadequate traffic control is the only problem."
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