Head of Abu Dhabi’s state oil company, Sultan Ahmed Al Jaber, has stated that the Strait of Hormuz is effectively “not open.”
He said vessel passage through the strait depends on “conditions and political leverage” from Iran, Caliber.Az reports, citing CNN.
“The Strait was not built, engineered, financed or constructed by any state,” the CEO of the company added.
“This moment requires clarity. So let’s be clear: the Strait of Hormuz is not open. Access is being restricted, conditioned and controlled,” he wrote on LinkedIn on April 9.
Al Jaber, who also serves as the UAE’s Minister of Industry and Advanced Technology, mentioned that global energy security and economic stability depend on the strait being fully and unconditionally open.
“The weaponization of this vital waterway, in any form, cannot stand. This would set a dangerous precedent for the world – undermining the principle of freedom of navigation that underpins global trade and, ultimately, the stability of the global economy,” he added.
Meanwhile, Iran has stated that passage through the strategic waterway “will be possible via coordination with Iran’s Armed Forces and with due consideration of technical limitations.”
By Bakhtiyar Abbasov
