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Business

Adnoc Gas Expects Strait of Hormuz Closure to Hit Full-Year Profit

TWSJ·2h ago·3 min read
Photograph via The Wall Street Journal
RSS SUMMARY · AGGREGATED FROM TWSJ

The Abu Dhabi-owned gas company anticipates a hit to second-quarter net income between $400 million and $600 million due to the strait’s closure.

The Abu Dhabi-owned gas company anticipates a hit to second-quarter net income between $400 million and $600 million due to the strait’s closure.

The Abu Dhabi-owned gas company anticipates a hit to second-quarter net income between $400 million and $600 million due to the strait’s closure.

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