HOUSTON—The United Arab Emirates is calling on multinational corporations and governments to convene an international “working session on the resilience of the global energy system” to address vulnerabilities exposed by Iran’s targeting of neighboring Gulf states’ energy infrastructure and the de facto closure of the Strait of Hormuz.
“Stability does not happen on its own. It must be built deliberately and politically,” UAE Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber told energy company executives, financial analysts, and government officials on March 23, the first day of the 44th annual CERAWeek by S&P Global conference at the Americas Hilton–Houston.
