UAE says its energy exports will not be ‘held hostage’ by Iran war


UAE is expanding port capacity along its eastern ⁠coast, developing pipelines, trade routes for alternative corridors

A person works near an oil tanker docked at the Port of Fujairah, as the US-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. — REUTERS

The United Arab ​Emirates (UAE) is building alternative routes for its energy exports and trade to ensure they were not “held ‌hostage” by the ongoing war between the US and Iran, UAE presidential adviser Anwar Gargash said on Monday.

The conflict has had a significant impact on Gulf Arab states, including the UAE, after Tehran fired missiles at the country and attacked its oil tankers in the Strait ​of Hormuz.

“Our energy exports will not be held hostage, nor will our trade and economic activity,” Gargash ​told the Hili Forum in Abu Dhabi.

The UAE has been expanding port capacity along its eastern ⁠coast, as well as developing pipelines, railways and trade routes for alternative corridors, he said.

While acknowledging that relations with Iran ​could eventually recover, Gargash warned that rebuilding trust after the attacks could take decades.

He also criticised Gulf Arab states ​for failing to mount a coordinated response to Iran, saying they had been unable to translate shared concerns into a unified strategy.

Read: Saudi Aramco’s Jazan oil facilities attacked: FT

US alliance not enough

Qatar’s foreign ministry spokesperson echoed similar concerns at the policymakers’ forum, saying Gulf Arab countries should not rely solely on ​their strategic partnership with the US for security.

“We need to realise in the Gulf that having international forces ​in the region, having a strategic alliance with the US, is very important but is not enough,” Majed al-Ansari said.

“Self-sufficiency when it ‌comes ⁠to security is the only way forward.”

Gargash argued that while the partnership with the US is essential, the six-month conflict has exposed the importance of national capabilities.

“Our security is our priority. When we depend entirely on others, we cannot always assume it will be their priority,” he said.

Hormuz remains a sticking point

Iran followed through on its ​threat to close the Strait ​of Hormuz, once a ⁠conduit for a fifth of global energy supplies. The disruption sent energy prices soaring and sparked a global economic crisis.

The waterway’s status remains a central obstacle in negotiations between ​Washington and Tehran, mediated by Qatar and Pakistan, with Iran claiming the strait ​belongs to Iran ⁠and Oman — a position Gulf states broadly reject.

Read More: Iran war threatens a prolonged hit to global energy markets

“Freedom of navigation is not a concession to be granted, nor a principle to be renegotiated under pressure,” Gargash said, adding that any long-term resolution must include credible guarantees against further Iranian attacks ⁠on Gulf ​Arab states.

The conflict, sparked by US and Israeli strikes on Iran ​on February 28, remains deadlocked. A preliminary ceasefire reached in June has unravelled, and little progress has been made in efforts to revive the ​peace process.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *