UAE OIL BOSS SAYS HORMUZ STILL SHUT WITH IRAN RESTRICTING ACCESS
The Strait of Hormuz remains effectively closed, with Iran restricting access and controlling transit, according to UAE oil chief Sultan Al Jaber.
“Conditional passage is not passage—it’s control,” he said, calling for the strait to reopen fully and without restrictions.
Since the Iran war began in late February, the blockade has halted the flow of oil and gas through the world’s most critical shipping route. Iran has introduced supervised transit lanes, citing safety concerns like sea mines.
Around 230 loaded tankers are waiting to depart, while Gulf producers, including ADNOC, have been forced to cut output. Oil prices have surged above $100 per barrel and remain elevated despite a tentative ceasefire.
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As an example- pton was flagged as unusual volume last week. Reviewed & turned a 30% return in a few days. These are good lottos or engagement tools
@market_sleuth It’s just another day and another opportunity to connect with someone. No need to put pressure on yourself, her or this moment.
Just like a trade, stay open to possibility not constrained by expectations
Most importantly, have fun! Life is now