ADNOC CEO calls Hormuz disruption “economic terrorism”

• ADNOC CEO labels weaponizing the Strait of Hormuz as 'economic terrorism' against every nation.
• He asserts that the situation is a security issue, not merely a supply issue, and cannot be resolved by emergency reserve releases or additional supply alone.
• The CEO stressed the critical importance of keeping the Strait of Hormuz open, stating that the global economy is the real victim of potential disruptions.

The ADNOC CEO, Sultan Al Jaber, described the weaponization of the Strait of Hormuz as 'economic terrorism' against every nation, emphasizing it's a security issue, not just a supply issue. He warned that emergency reserve releases alone cannot solve the crisis, and the only durable answer is keeping the Strait open to prevent a global economic crisis.