Opening ADIPEC 2026, ADNOC CEO Dr. Sultan Al Jaber said nearly 1 Bbbl have been drained from inventories since the Hormuz disruption and logistics now exceed 30% of a barrel’s cost.


Opening ADIPEC 2026, ADNOC CEO Dr. Sultan Al Jaber said nearly 1 Bbbl have been drained from inventories since the Hormuz disruption and logistics now exceed 30% of a barrel’s cost.