Abu Dhabi National Oil Company (ADNOC) CEO Sultan al-Jaber condemned on Wednesday Iran's actions limiting fuel shipping through the Strait of Hormuz, describing them as "economic extortion." He noted that the consequences of the Middle East conflict are now global rather than regional, pointing to growing fuel and energy prices in Europe, which are also reflected in the rising inflation rate.
Al-Jaber called for global cooperation to ensure the free flow of fossil fuels. He also urged all parties to comply with the United Nations Security Council Resolution 2817, adopted in March, which demanded the "immediate cessation of all attacks" by Iran on neighboring countries and called on Tehran to adhere to international law.
https://breakingthenews.net/Article/ADNOC:-Iran's-actions-are-economic-extortion/65995561
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