The former president of Saudi Aramco brushed off Iran’s threats to close the Strait of Hormuz.
Speaking on the sidelines of a Dubai conference, the ex-chief of the world’s richest company said he did not think closure was likely, and would not be a disaster for oil-producing Gulf countries even if it happened.
“No one will allow the closure,” Abdallah Jum’ah told Arabian Business, “the world will not allow it.”
From underwater mining to luxury yachts, Mohammed Al Barwani has interests in a staggering range of industries. The chairman of MB Holding explains how he built the firm from scratch to become a billion-dollar player.