Full Hormuz Oil Flows May Not Return Before 2027: ADNOC CEO

by Ship & Bunker News Team
Monday May 25, 2026

Sultan Al Jaber, group CEO of ADNOC, says oil flows through the Strait of Hormuz may not fully return before Q1 or Q2 2027 as the regional conflict continues to disrupt global trade and energy markets.

In a recent LinkedIn post following a discussion with the Atlantic Council, Al Jaber described the closure of the Strait of Hormuz as “not just an oil story. It is an everything story.”

“Fuel prices are up 30%, fertilizer up 50%, airfares up 25%,” he said.

“One stat really stands out: Just over 80 days into this conflict and almost 80 countries have now taken emergency measures to support their economies, and even if this conflict ends tomorrow, full flows through Hormuz will not return before the first or second quarter of 2027.”

Al Jaber said the disruption had served as a “real-world test of resilience” for the UAE and ADNOC, adding that energy exports continued, airports remained open and investor confidence stayed strong during the crisis.

He also defended the UAE’s decision to leave OPEC, describing it as “a historic, sovereign strategic decision” that would give the country greater flexibility to invest, expand and build long-term value.

According to Al Jaber, the UAE is expanding oil production capacity to 5 million bpd while also growing its renewable energy portfolio towards 100 GW.

He added that the country is strengthening export routes through Fujairah and accelerating work on a second Fujairah pipeline, which he said is already nearly 50% complete.

Ship & Bunker News Team
To contact the editor responsible for this story email us at [email protected]