Sultan Al Jaber, CEO of Abu Dhabi's National Oil Company, called disruption of the Strait of Hormuz “economic terrorism,” warning it threatens global energy supply. The remark elevates geopolitical risk to oil and gas flows through a key chokepoint, likely prompting risk-off positioning and upward pressure on crude prices and related supply chains.
Sultan Al Jaber, CEO of Abu Dhabi's National Oil Company, called disruption of the Strait of Hormuz “economic terrorism,” warning it threatens global energy supply. The remark elevates geopolitical risk to oil and gas flows through a key chokepoint, likely prompting risk-off positioning and upward pressure on crude prices and related supply chains.
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strongly negative
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