The Strait of Hormuz has not opened to ship traffic after the U.S. and Iran agreed to a two-week ceasefire, said the CEO of Abu Dhabi National Oil Company (ADNOC) on Thursday.
“This moment requires clarity,” said Sultan Ahmed Al Jaber in a social media post. “So let’s be clear: the Strait of Hormuz is not open. Access is being restricted, conditioned and controlled.”
Iran has made clear that ships must obtain its permission to pass through the Strait, Al Jaber said. “That is not freedom of navigation. That is coercion,” the ADNOC chief said.
ADNOC is the United Arab Emirates’ state-owned oil company. The UAE is

