Diesel fuel stocks in some parts of the world are at their lowest levels in 35 years. The world is running out of reserves that ensure supply sustainability, using nearly a billion barrels of oil from global reserves since the US-Israeli war against Iran disrupted shipping through the Strait of Hormuz, the CEO of the United Arab Emirates' state oil company, ADNOC, said. Diesel stocks in some regions are at a 35-year low for this time of year, while others face a 600 billion cubic feet shortfall in LNG supplies, Sultan Al Jaber added at the ADIPEC conference in the Emirates. Diesel prices have soared to record highs in many markets due to war-related supply disruptions, threatening governments and consumers with accelerated inflation and the cost of living. Shipping and logistics costs have risen to 30 percent of the cost of a barrel, compared to 5 percent before the war with Iran, said al-Jaber, who called for expanding strategic reserves and creating new supply chains. Last month, the head of Saudi Aramco, Amin Nasser, also said that the volume of remaining commercial reserves was less than 6 billion barrels, with the vast majority almost inaccessible.