ADNOC CEO: Iran Cannot Close Strait of Hormuz
Sultan Al-Jaber, the Chief Executive Officer of the Abu Dhabi National Oil Company (ADNOC), has issued a strong statement regarding the strategic importance and legal status of the Strait of Hormuz. He explicitly declared that the waterway has never been under the exclusive power or ownership of the Islamic Republic of Iran, thereby rejecting any notion that Tehran possesses the authority to close it or restrict international maritime passage. This commentary comes amidst ongoing geopolitical tensions in the Middle East, where the Strait of Hormuz serves as a critical chokepoint for global oil supplies. By asserting that the strait does not belong to Iran, Al-Jaber aims to reassure global energy markets and international stakeholders about the stability of oil transit routes. The statement underscores the perspective of major Gulf energy producers who rely on open sea lanes for their economic survival. It challenges narratives suggesting that Iran holds unilateral control over this vital maritime corridor, emphasizing instead the international nature of the passage and the collective interest in keeping it open for global trade and energy security.
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ADNOC CEO: Iran Cannot Close Strait of Hormuz
Sultan Al-Jaber, the Chief Executive Officer of the Abu Dhabi National Oil Company (ADNOC), has issued a strong statement regarding the strategic importance and legal status of the Strait of Hormuz. He explicitly declared that the waterway has never been under the exclusive power or ownership of the Islamic Republic of Iran, thereby rejecting any notion that Tehran possesses the authority to close it or restrict international maritime passage. This commentary comes amidst ongoing geopolitical tensions in the Middle East, where the Strait of Hormuz serves as a critical chokepoint for global oil supplies. By asserting that the strait does not belong to Iran, Al-Jaber aims to reassure global energy markets and international stakeholders about the stability of oil transit routes. The statement underscores the perspective of major Gulf energy producers who rely on open sea lanes for their economic survival. It challenges narratives suggesting that Iran holds unilateral control over this vital maritime corridor, emphasizing instead the international nature of the passage and the collective interest in keeping it open for global trade and energy security.
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