Free passage through the Strait of Hormuz was the only durable solution to stabilising global markets: Sultan Al Jaber
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Abu Dhabi state oil company ADNOC's Group CEO Sultan Al Jaber told U.S. Vice President JD Vance on Wednesday that free passage through the Strait of Hormuz was the only durable solution to stabilising global markets.
The U.S.-Israeli war against Iran has all but halted shipments of about one-fifth of the world's oil and liquefied natural gas through the strait, causing oil supply disruption.
(Reporting by Menna Alaa El-Din)
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