Back to today’s briefing

Story perspectives

ADNOC's Al Jaber Calls Iran's Threats Economic Terrorism

3/24/2026

45 8 Full Breakdown

Summary

Story summary

Sultan Ahmed Al Jaber, CEO of ADNOC, condemned Iran's threats to mine the Strait of Hormuz as "economic terrorism" and urged security for the Strait.
He said tanker transits have fallen 92% since February 28, contributing to a 50% rise in oil prices.
ADNOC is pursuing over $85 billion in U.S. energy investments.
ADNOC invites the global energy sector to collaborate on resilience at an Abu Dhabi conference.

1 of 1

Story summary

Sultan Ahmed Al Jaber, CEO of ADNOC, condemned Iran's threats to mine the Strait of Hormuz as "economic terrorism" and urged security for the Strait.
He said tanker transits have fallen 92% since February 28, contributing to a 50% rise in oil prices.
ADNOC is pursuing over $85 billion in U.S. energy investments.
ADNOC invites the global energy sector to collaborate on resilience at an Abu Dhabi conference.