Following the Straits of Hormuz crisis; "ADNOC" Warning: The world's oil reserves are running out The CEO of the Emirates oil company ADNOC emphasized that close to a billion barrels of oil have been removed from global reserves since the disruption in the Strait of Hormuz. The world is losing its oil reserves after harvesting this billion barrels.
Following the Straits of Hormuz crisis; "ADNOC" Warning: The world's oil reserves are running out The CEO of the Emirates oil company ADNOC emphasized that close to a billion barrels of oil have been removed from global reserves since the disruption in the Strait of Hormuz. The world is losing its oil reserves after harvesting this billion barrels.
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