UAE Oil Boss Says Hormuz Still Shut With Iran Restricting Access

The Strait of Hormuz remains closed with Iran still restricting access and preventing energy flows to global markets, the head of the biggest oil producer in the United Arab Emirates said. Tehran says transits must be under its supervision.

“Conditional passage is not passage. It is control by another name,” Sultan Al Jaber, chief executive office of Abu Dhabi National Oil Co., said in comments on LinkedIn. “The Strait must be open — fully, unconditionally and without restriction.”