Abu Dhabi National Oil Company warns persistent geopolitical risks could curb Persian Gulf oil flows for three more years.
Abu Dhabi National Oil Company CEO Sultan Ahmed Al Jaber stated that oil disruptions in the Persian Gulf could persist until at least mid-2027. The warning contrasts with current market optimism, which has kept oil prices subdued despite rising geopolitical tensions in the region.
Markets have largely dismissed similar warnings from national oil companies, focusing instead on short-term supply dynamics and demand forecasts. Al Jaber’s remarks highlight long-term risks that traders may be underestimating, particularly as regional conflicts show no signs of easing.
No immediate market reaction was reported following the statement, though analysts suggest the warning could pressure oil prices higher if risks materialize.