ADNOC CEO Al Jaber: At least 4 months to get oil flows back to 80% of pre-conflict levels, even if the war ends tomorrow. Full restoration not expected before early 2027.
Bloomberg.
ADNOC CEO: "The relationship between the U.S. and UAE is becoming more ambitious, more integrated, and more consequential every year."
ADNOC CEO: "Once you accept that a single country can hold the world's most important waterway hostage, freedom of navigation as we know it is finished."
Adnoc CEO: Hormuz shut is the most severe supply disruption on record.
The UAE is secretly moving crude oil through the Strait of Hormuz despite Iran's closure threat. At least four ADNOC tankers shipped 6 million barrels of Upper Zakum and Das crude in April with tracking systems switched off. Cargoes were transferred offshore, stored in Oman, or routed to South Korea and Malaysia, according to Reuters.
Anwar Gargash, diplomatic advisor to the UAE President:
"The brutal Iranian attack continues with pirate operations at sea, with an attack on an ADNOC national tanker during its passage through the Strait of Hormuz. The UAE's position is firm in rejecting aggression and protecting freedom of navigation in the vital international maritime passage. These attacks emphasize that the Iranian threat to the security and stability of the region continues and cannot be ignored."
The UAE condemned an Iranian attack on an ADNOC oil tanker passing through the Strait of Hormuz. No injuries reported.
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UAE: Vessel belonging to Adnoc hit by two Iranian drones in Hormuz
UAE Minister of Industry and ADNOC CEO Sultan Al Jaber:
"Since February, at least 22 ships have been attacked, 10 crew members killed, around 20,000 sailors stranded and unable to pass safely, around 800 merchant ships stuck, including 400...
UAE Minister of Industry and ADNOC CEO Sultan Al Jaber:
"Since February, at least 22 ships have been attacked, 10 crew members killed, around 20,000 sailors stranded and unable to pass safely, around 800 merchant ships stuck, including 400 oil tankers. The Strait of Hormuz has never been Iran's property. Any attempt to block it or restrict navigation is not only a regional issue but a strike at an international economic artery and a direct threat to energy, food, and health security worldwide. This behavior is illegal, dangerous, and unacceptable, and the world cannot stand its consequences or allow it to happen."
