UAE: Weaponizing Hormuz is Economic Terrorism Against the World

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Iran’s weaponization of the energy and trade flows through the Strait of Hormuz amounts to economic terrorism against every nation in the world, according to the United Arab Emirates (UAE), which has seen its LNG and most oil supply choked at the vital chokepoint. “Twenty million barrels a day. Nearly a fifth of the world’s oil and gas. Over a third of the world’s fertilizer. Almost a quarter of the world’s petrochemicals and significant amounts of industrial metals,” Sultan Ahmed Al Jaber, UAE Minister…

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Original article published by OilPrice.com on March 24, 2026.
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