ADNOC’s Al Jaber: Weaponizing the Strait of Hormuz Is Economic Terrorism

Attack and security framing

The UAE says Iran launched an illegal, unprovoked attack on the UAE and the region; ADNOC’s MD called weaponizing the Strait of Hormuz “economic terrorism,” saying energy security is the difference between lights on and lights off and that the issue is security, not supply.

Scale of disruption

The Strait of Hormuz is about 21 miles wide and carries roughly 20 million barrels per day — ~19% of global oil and gas, over one-third of global fertilizer, nearly 25% of petrochemicals and significant industrial metals — and oil prices rose about 50% within three weeks amid the tensions, raising costs and slowing growth.

Operational impact and response

The UAE states it did not seek conflict but was prepared; ADNOC reports its operations were affected, has full visibility, is working methodically, and is deploying measures to protect people and supply as much as possible while stressing that keeping the Strait open is the only durable market solution.

International stance and investments

A record number of nations backed UNSC Resolution 2817 and 22 countries issued a joint statement condemning attacks on commercial vessels and energy infrastructure; ADNOC, XRG and Masdar say they have invested more than $85 billion in U.S. energy assets across 19 states and are exploring further hard‑infrastructure investments.