DUBAI(National Times)- The United Arab Emirates is building alternative routes for its energy exports and trade to ensure they are not \u201cheld hostage\u201d by the ongoing war between the US and Iran, UAE presidential adviser Anwar Gargash said on Monday.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
\u201cOur energy exports will not be held hostage, nor will our trade and economic activity,\u201d Gargash told the Hili Forum in Abu Dhabi.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
While acknowledging that relations with Iran could eventually recover, Gargash warned that rebuilding trust after the attacks could take decades.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
Qatar\u2019s foreign ministry spokesperson echoed similar concerns at the policymakers\u2019 forum, saying Gulf Arab countries should not rely solely on their strategic partnership with the US for security.<\/p>\n\n\n\n
\u201cWe 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,\u201d Majed al-Ansari said.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
The waterway\u2019s 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.<\/p>\n\n\n\n
\u201cFreedom of navigation is not a concession to be granted, nor a principle to be renegotiated under pressure,\u201d Gargash said, adding that any long-term resolution must include credible guarantees against further Iranian attacks on Gulf Arab states.<\/p>\n","protected":false},"excerpt":{"rendered":"
DUBAI(National Times)- The United Arab Emirates is building alternative routes for its energy exports and trade to ensure they are not \u201cheld hostage\u201d 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 […]<\/p>\n","protected":false},"author":2,"featured_media":132722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-132721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","entry"],"yoast_head":"\n