Finance & MarketsHigh Priority (9/10)

The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says

Sultan Ahmed Al Jaber demanded a full reopening of the Strait, warning that the oil supply disruption will increase if Iran maintains control of the passage.

Key Points

  • Sultan Ahmed Al Jaber demanded a full reopening of the Strait, warning that the oil supply disruption will increase if Iran maintains control of the passage.
  • Reported by CNBC.

Full Details

Sultan Ahmed Al Jaber demanded a full reopening of the Strait, warning that the oil supply disruption will increase if Iran maintains control of the passage.

Why It Matters

Finance & Markets story from CNBC. Click Enrich in admin for detailed analysis.

Sourcecnbc.com

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