AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

ABU DHABI: The United Arab Emirates has withdrawn from a US-led maritime coalition tasked with securing tense Gulf waterways that are vital to the global oil trade, it said Wednesday.

The UAE “withdrew its participation” in the 38-nation Combined Maritime Forces two months ago, a foreign ministry statement said, without giving reasons for the move.

“As a result of our ongoing evaluation of effective security cooperation with all partners, two months ago, the UAE withdrew its participation in the Combined Maritime Forces,” said the statement carried by the official WAM news agency.

The Bahrain-headquartered CMF was established in 2001, initially as a partnership between 12 nations. It is active in crucial but troubled Gulf waters where tankers have been seized and attacked in recent months.

A spokesperson for the Combined Maritime Forces said the UAE remains a partner nation, despite putting its participation on hold.

“The CMF still includes 38 partner nations, of which the UAE is one,” Commander Timothy Hawkins told AFP.

Iran seized two tankers in a week in late April and early May, including one empty ship that was travelling between the UAE ports of Dubai and Fujairah.

Iran was also accused of launching a drone attack against an Israeli-owned tanker in November 2022, stoking tensions with the United States.

Earlier this month, the US said it was sending reinforcements to the Gulf, which carries at least a third of the world’s sea-borne oil, after what it called increasing harassment by Iran.

The commander of the US Navy’s Fifth Fleet, Vice-Admiral Brad Cooper, later transited through the Strait of Hormuz in a guided-missile destroyer along with British and French naval commanders.

Iran responded by saying it is capable of ensuring the safety of Gulf waters in cooperation with neighbouring countries.

“The UAE remains committed to responsibly ensuring the safety of navigation in its seas,” the UAE statement said, adding that the major oil exporter is “committed to peaceful dialogue and diplomatic engagement”.

Comments

Comments are closed.