Weaponising Strait of Hormuz is economic terrorism, says ADNOC chief

Weaponising the Strait of Hormuz is an act of economic terrorism with global impact far beyond energy markets, said Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman of Masdar and Executive Chairman of XRG.

Speaking at CERAWeek in Houston, Texas, Dr Al Jaber said when the Strait of Hormuz is threatened, the human cost is exponential, and the consequences reach factories, farms and families around the world. 

Dr  Al Jaber stated that “energy security is not just a…