Trump Meets Qatar PM on Iran Diplomacy as UAE Oil Exports Jump to 4.4 Million Bpd
Updated
Updated · Fox News · Nov 9
Trump Meets Qatar PM on Iran Diplomacy as UAE Oil Exports Jump to 4.4 Million Bpd
3 articles · Updated · Fox News · Nov 9
Summary
Trump met Qatar Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani at the White House as the U.S. pushed diplomacy on the Iran war despite no sign of an imminent breakthrough.
Rubio said Tehran's terms were unrealistic, while Iranian President Masoud Pezeshkian said Iran was ready to negotiate but would not yield to pressure; a reported two-day proposal to reopen talks remains unaccepted.
One-fifth of global petroleum liquids and more than one-fifth of LNG trade normally pass through Hormuz, where tanker attacks and shipping restrictions have continued even with U.S. naval escorts.
The UAE said its oil exports rose to nearly 4.4 million barrels a day from 3.1-3.2 million before the war, helped by the Fujairah pipeline and other routes that bypass the strait.
Energy and regional officials said the disruption has become a wider economic shock, raising logistics and insurance costs and reinforcing the need for more resilient, redundant supply routes.