Iran, UAE clash over Hormuz as oil flows disrupted and costs rise globally | investingLive
Iran says Hormuz security isn’t free while exports are restricted, as UAE warns 600m barrels blocked and rejects “protection racket” claims, highlighting deepening divide over oil access and rising global cost risks. Summary: Iran ties Hormuz security to ability to export oil freely Warns global costs will rise without equal market access UAE says ~600m…