Sultan Ahmed Al Jaber, CEO of the UAE's state-owned oil company, said the Strait of Hormuz must re-open to resolve the supply shock.

DUBAI: More than 20 countries on Saturday said they would contribute to efforts ensuring safe passage in the Strait of Hormuz, condemning Iran’s closure of the vital waterway. “We…

Sultan Ahmed Al Jaber, CEO of the UAE's state-owned oil company, said the Strait of Hormuz must re-open to resolve the supply shock.

Iran is holding the world economy hostage by blockading the Strait of Hormuz, said Shaikh Nawaf Al-Sabah, the CEO of Kuwait Petroleum Corporation.

«L’utilizzo dello Stretto di Hormuz come arma non è un atto di aggressione contro una singola nazione», ha affermato al Jaber in un discorso tenuto in occasione di un evento…