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No full Hormuz flows until first half of 2027, UAE's giant says
Hindustan Times Ranchi
|May 22, 2026
Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates’ state oil firm ADNOC said.
The outlook is among the most pessimistic by top industry executives and underscores the prolonged economic impact of the Iran war which has triggered what the International Energy Agency has called the largest ever energy crisis because of the near-closure of the strait. Iran has established de facto control over the waterway, a chokepoint for about a fifth of the world’s oil supply.
Dit verhaal komt uit de May 22, 2026-editie van Hindustan Times Ranchi.
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