Strait of Hormuz must be returned to the world ‘exactly as it was’, says UAE minister
The UAE Minister of Industry and Advanced Technology, Sultan Al Jaber, has called for the Strait of Hormuz to be returned to its previous state, free from threats and restrictions. He warned that 50 days of disruption have blocked nearly 600 million barrels of oil, affecting global supplies and economies.
The UAE Minister of Industry and Advanced Technology, Sultan Al Jaber, has emphasized that the Strait of Hormuz must be returned to its previous state, free from threats and restrictions. 50 days of disruption have resulted in nearly 600 million barrels of oil being blocked, putting pressure on global LNG, jet fuel, and fertilizer supplies. Al Jaber criticized payments for safe passage, calling it a 'protection racket'. The Strait, bordered by Iran, Oman, and the UAE, has been under threat since February 28, with Iran claiming control and attacking 'hostile ships'. Al Jaber warned that the global economy cannot afford more uncertainty and that the Strait's operation under threat is unsustainable. The minister's remarks build on earlier warnings about the strategic waterway's importance for global energy security and economic stability.
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