Dossier
Sultan Al Jaber
Coverage of Sultan Al Jaber in the Nexus archive.
- UAE Oil Head Says OPEC Exit Gives Ability to Speed Up Investment
Sultan Al Jaber, UAE Oil Head, states that exiting OPEC allows for accelerated investment. This move is expected to impact the oil industry and UAE's economic growth. The decision enables more flexible investment strategies.
- Strait of Hormuz remains all but closed, despite Iran ceasefire deal
The Strait of Hormuz remains effectively closed despite a recent ceasefire deal between Iran and the U.S., with Iran demanding tolls for ships passing through and threatening to restrict access. Global oil prices are rising due to disrupted supply, and thousands of mariners are stranded in the Persian Gulf.