By Elvan Kivilcim
No country should be permitted to "hold Hormuz hostage, not now, not ever," said Sultan Ahmed Al Jaber, the minister of industry and advanced technology of the United Arab Emirates. He called the "weaponization" of the Strait of Hormuz "an act of economic terrorism" with a worldwide impact beyond energy markets, according to a copy of his remarks at CERAWeek annual energy conference in Houston, which were shared by the Abu Dhabi National Oil Company (ADNOC).
Al Jaber, who is also the managing director of ADNOC, stressed that Iran's strategy of choking the strategic waterway-which is only 21 miles wide at its narrowest point and transits one-fifth of the world's oil and gas as well as a third of global fertilizer supplies-isn't a supply issue but "a security issue," and the only permanent answer to it is "keeping the Strait open," according to the written copy of his remarks.
Civilian and energy infrastructure, residential buildings, tourism sites, and at least one U.S. military base and diplomatic mission in the U.A.E. have been struck by missiles and drones fired from Iran since the war in the Middle East started more than three weeks ago.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
March 23, 2026 11:44 ET (15:44 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments