Iran’s decision to close the Strait of Hormuz has dealt a significant blow to the global energy market, according to Lana Nusseibeh, Minister of State at the UAE Ministry of Foreign Affairs. The strategic waterway, responsible for transporting a substantial portion of the world’s oil and gas, has become a focal point of geopolitical tension.
Impact on Global Economy
Nusseibeh emphasized that the closure of the strait has far-reaching consequences. "What happens in the Gulf clearly doesn’t stay in the Gulf," she stated. "Iran’s attack on Gulf allies of the United States and Jordan is an attack on the entire world." The UAE has repeatedly attempted diplomatic solutions with Iran, but these efforts have not yielded a resolution.
"Instead of negotiating over those issues, they chose instead to fire over 2,200 missiles and drones at the United Arab Emirates," she said.
Diplomatic Efforts
Despite ongoing diplomatic talks, Iran’s actions have led to increased instability in the region. The UAE has condemned Tehran’s aggressive stance, particularly its targeting of civilian infrastructure. "Eighty-nine percent of their targets have been civilian infrastructure in my country," Nusseibeh noted. "This has to stop."
White House press secretary Karoline Leavitt confirmed that negotiations between the United States and Iran continue, though Iran has reportedly rejected a U.S. peace proposal. The UAE remains committed to finding a diplomatic solution, but insists that Iran must change its behavior.
Regional Implications
The UAE’s participation in the Abraham Accords has further strained relations with Iran. Nusseibeh highlighted the UAE’s progressive and tolerant approach as a contrast to Iran’s actions. "The light at the end of the tunnel is in Iran’s hands," she concluded, urging Tehran to take responsibility for its actions.