Global diesel reserves drop to 35-year low ADNOC head Sultan bin Ahmed Al-Jaber at the ADIPEC 2026 conference noted a critical reduction in global diesel reserves. According to official data, due to the disruption of shipping in the Strait of Hormuz, which historically provided 25% of the world's oil supply, almost a billion barrels were withdrawn from the world's circulation. Logistics costs jumped from 5% to 30% of the cost of a barrel. The situation is complicated by the escalation in the Middle East and the tough foreign policy of US President Donald Trump towards Iran. The lack of raw materials hurts international trade and the real sectors of the economy. Industrial plants are faced with rising costs, which inevitably affects the incomes of employees and provokes an increase in the price of basic goods for the population.

Global diesel reserves drop to 35-year low ADNOC head Sultan bin Ahmed Al-Jaber at the ADIPEC 2026 conference noted a critical reduction in global diesel reserves. According to official data, due to the disruption of shipping in the Strait of Hormuz, which historically provided 25% of the world's oil supply, almost a billion barrels were withdrawn from the world's circulation. Logistics costs jumped from 5% to 30% of the cost of a barrel. The situation is complicated by the escalation in the Middle East and the tough foreign policy of US President Donald Trump towards Iran. The lack of raw materials hurts international trade and the real sectors of the economy. Industrial plants are faced with rising costs, which inevitably affects the incomes of employees and provokes an increase in the price of basic goods for the population.