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The Guardian Business · Apr 9, 2026 2:14 PM EDT EnergyGeopolitics

Strait of Hormuz not open, Abu Dhabi’s oil chief says as crude prices rise

Uncertainty over US-Iran ceasefire pushes price of Brent crude towards $100 a barrelBusiness live – latest updatesMiddle East crisis – live updatesThe boss of Abu Dhabi’s state-owned oil company has said the strait of Hormuz is “not open” despite the US-Iran ceasefire agreed earlier this week, as uncertainty over the truce pushed the price of Brent crude towards $100 a barrel on Thursday.Sultan Al Jaber, the chief e…

Strait of Hormuz not open, Abu Dhabi’s oil chief says as crude prices rise
Image The Guardian Business

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