UAE President Sheikh Mohammad Bin Zayed (MBZ) is concerned about the recent Israel-Iran escalation, and its impact on his country’s oil and gas sector.
This has resulted in Abu Dhabi taking several steps to secure its oil and gas interests in the region, especially after the emergence of Israeli threats on Iranian oil and gas facilities, and fears of Tehran’s retaliation.
This note delves into the following key aspects:
- MBZ views on Israel-Iran escalation
- UAE’s contingency plan if further escalation occurs
- Abu Dhabi’s views on the possibility of Iran closing the Strait of Hormuz
