Environment and Energy
No Full Hormuz Flows Until First Half of 2027, UAE's Oil Giant Says
ADNOC CEO Sultan Al Jaber stated that full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended immediately. The outlook reflects the prolonged economic impact of the Iran war, which has triggered the International Energy Agency's largest ever energy crisis. Jaber warned that accepting a single country's control over the waterway sets a dangerous precedent for freedom of navigation.
