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  • 09-01-20

    UAE Energy Minister: "we need stability in oil market"

    (MENAFN) Shipments of oil passing through the Strait of Hormuz are safe from direct risks after Iran-US tensions, as said by UAE Energy Minister, Suhail Al Mazroui.


    "The situation is not a war, and that it should not be overstated about what is happening now," he confirmed," we need stability in the oil market", according to a press statements by Al Mazroui.


    "We will not witness a war and the last thing we want is more tension in the Middle East", Al Mazroui added.


    The minister also expressed hope that wisdom will resolve geopolitical tensions in the area.

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