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Abu Dhabi National Oil Company (ADNOC) CEO Sultan Al Jaber said Thursday that the Strait of Hormuz is not open and must be reopened unconditionally, warning that hundreds of vessels remain unable to transit the waterway.
“The Strait of Hormuz is not open. Access is being restricted, conditioned and controlled,” Al Jaber said in a post on LinkedIn.
He said “an estimated 230 vessels” loaded with oil are awaiting transit, adding that “conditional passage is not passage.”
Jaber called for the strait to reopen “fully, unconditionally and without restriction,” stressing that energy security and economic stability depend on it.
He said the strategic waterway is governed by international law and that “no country has a legitimate right to determine who may pass.”
“The Strait of Hormuz is a natural waterway governed by international law, which guarantees transit rights,” he said.
Jaber warned that global energy markets are at a “critical crossroads,” with more than 20% of globally traded energy affected by disruptions.
“Every day the Strait remains restricted, the consequences compound,” he said, urging action to “restore real flows” and ease pressure on prices and global supply.
“This is particularly urgent for Asia, where 80% of these cargoes are bound and half the world’s population lives,” he added.
Iran and the United States announced a two-week truce on Tuesday aimed at paving the way for a final agreement to end the war launched by the United States and Israel against Iran on Feb. 28, which has left many dead and wounded.
The announcement came less than two hours before the expiration of a deadline repeatedly extended by U.S. President Donald Trump for Iran to reopen the Strait of Hormuz and accept an agreement or face “the destruction of an entire civilization.”
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