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The movement is significant because Iran holds a major geographical advantage over the Strait and has repeatedly targeted vessels in retaliation for the US-Israeli strikes on February 28 that triggered the war.
The nickname was coined by Bloomberg columnist Javier Blas, who said that the nickname shows how frustrated the public is about the on-and-off blockade on the Strait of Hormuz, which has disrupted oil flow and caused the gas prices to spike.
UAE to leave OPEC amid Hormuz oil crisis, a blow to Saudi Arabia The Washington Post United Arab Emirates Says It Will Leave OPEC in Blow to Oil Cartel The New York Times UAE exits OPEC and OPEC+, seeking output flexibility as global energy markets tighten Fox Business United Arab Emirates to leave OPEC May 1, energy chief says still committed to oil price stability CNBC United Arab Emirates to quit OPEC as Iran war heightens tensions in the Gulf WBUR
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