A warning from the UAE's top oil official; Draining of a billion barrels of oil reserves in the world after the Iran war The CEO of the Abu Dhabi National Oil Company (ADNOC) warned of the consequences of the US-Israeli war against Iran and announced: close to a billion barrels of oil have been drained from the global reserves and the cost of oil transportation and logistics has reached more than 30% of the cost of each barrel. He also announced a record reduction in diesel reserves in several global markets; Developments that increased fears of the escalation of the energy crisis and the increase in the cost of living in the world. Read the full text at the link below: