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Bahraini Minister Discusses Gulf Energy Protection
The Bahraini Minister of Oil and Environment, Mohammed bin Mubarak bin Daina, reminded of the Gulf cooperation to enhance the protection of oil and energy facilities from potential attacks, especially following recent Iranian assaults. He explained that Gulf countries have strengthened coordination among energy ministers by employing modern technologies to safeguard vital infrastructure, including oil tanks and airports. The statements also emphasized that the region supplies around 40% of the world's jet fuel and continues to export oil through the Strait of Hormuz, warning of rising global fuel prices due to supply shortages and some refineries ceasing operations. The minister highlighted the importance of maintaining supply chains, particularly for food and medicines, cautioning that disruptions in the Strait of Hormuz could impact global food security, as the Gulf provides 60-80% of the world's needs for urea and ammonia. He called for ensuring the continued flow of energy and essential goods.
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