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UAE: Weaponizing Hormuz Is Economic Terrorism Against the World
UAE labels Iran’s attacks economic terrorism, highlighting disruption of nearly 20% of global oil and gas supply through the Strait of Hormuz, urging for security to keep it open.
10 Articles
10 Articles
Iran energy chaos offers a taste of Greta Thunberg's world
Oil is again above $100 per barrel, and gas prices at the pump are at $1 more than they were just a month ago, before the war began. Iran’s attacks on shipping in the Strait of Hormuz are causing global economic strife. Welcome to Greta Thunberg’s world. Many liberals have long rallied around the Swedish environmental activist in her demands to end fossil fuel consumption, notwithstanding the global economic disruption that would ensue. The oil …
UAE: Weaponizing Hormuz is Economic Terrorism Against the World
Iran’s weaponization of the energy and trade flows through the Strait of Hormuz amounts to economic terrorism against every nation in the world, according to the United Arab Emirates (UAE), which has seen its LNG and most oil supply choked at the vital chokepoint. “Twenty million barrels a day. Nearly a fifth of the world’s oil and gas. Over a third of the world’s fertilizer. Almost a quarter of the world’s petrochemicals and significant amoun…
Al Jaber: Weaponizing Strait Of Hormuz Is Economic Terrorism Against All Nations
His Excellency 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, said today weaponizing the Strait of Hormuz is an act of economic terrorism with global impact far beyond energy markets. Speaking at CERAWeek, taking place in Houston, Texas, Dr. Al Jaber said when the Strait of Hormuz is threatened, the human cost is exponential, and…
The blatant Iranian terrorist aggression against the UAE and its sister Gulf Cooperation Council (GCC) states, which has also extended to the Hashemite Kingdom of Jordan, is not merely a security and military threat. It has transcended this to take a more dangerous form: systematic "economic terrorism." Targeting vital infrastructure, power plants, and water facilities is not simply a military act, but an attempt to destabilize nations and disru…
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