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UAE says its energy exports will not be ‘held hostage’ by Iran war

By GhanaSummary Newsroom1 min read
UAE says its energy exports will not be ‘held hostage’ by Iran war

-Israel conflict with Iran limits marine traffic in the Strait of Hormuz The United Arab ​Emirates is building alternative routes for its energy exports and trade to ensure they are not "held ‌hostage" by the ongoing war between the U.

The conflict has had a significant impact on Gulf Arab states, including the UAE, after Tehran fired missiles at the country and attacked its oil tankers in the Strait ​of Hormuz.

The waterway's status remains a central obstacle in negotiations between ​Washington and Tehran, mediated by Qatar and Pakistan, with Iran claiming the strait ​belongs to Iran ⁠and Oman — a position Gulf states broadly reject.

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