ADNOC chief says Iran shipping disruptions amount to extortion
Warning of damage to global markets, Al Jaber calls for a cooperative effort 'to protect the free flow of energy and safeguard economic stability'
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ADNOC CEO Dr. Sultan Al Jaber, the UAE Minister of Industry and Advanced Technology
The head of the UAE’s national oil company said Iran’s disruption of shipping through the Strait of Hormuz amounts to extortion, as attacks and threats against vessels curb traffic through the key energy corridor.
“When Hormuz flows, energy...