Energy: ADNOC denounces "economic terrorism" in the event of a blockade of the Strait of Hormuz
Energy: ADNOC denounces "economic terrorism" in the event of a blockade of the Strait of Hormuz

Abu Dhabi National Oil Company CEO Sultan Ahmed Al Jaber strongly criticized any attempt to restrict passage through the Strait of Hormuz, calling it "economic terrorism".

This statement comes as tensions escalate in the region, with repeated threats from Iran to disrupt this strategic sea route.

The Strait of Hormuz is a crucial transit point for global energy trade, through which approximately one-fifth of the world's oil and gas supplies pass.

Any obstruction to navigation in this area could have major consequences for energy markets, leading to soaring prices and global economic disruption.

For ADNOC, such a situation would constitute a direct attack on international economic stability, beyond the simple regional framework.

These remarks reflect the growing concern of Gulf producers over the escalating conflict with Iran and the risks to maritime routes.

They also emphasize the strategic importance of the Strait of Hormuz, which has become a major point of tension in the current crisis.

In this context, securing this maritime route appears as a central issue for energy players and international powers.

Community

Comments

Comments are open, but protected against spam. Initial posts and comments containing links undergo manual review.

Be the first to comment on this article.

Respond to this article

Comments are moderated. Promotional messages, automated emails, and abusive links are blocked.

Your first comment, or any message containing a link, may be placed pending approval.