EconomyADNOC CEO says global energy supply buffers have been eroded

Nearly 1 billion barrels of oil have been drawn from global inventories since the US-Israeli war on Iran disrupted shipping through the Strait of Hormuz, eroding the world’s supply buffers, ADNOC’s CEO said.

EnergyOil inventoriesStrait of Hormuz

RReuters★★★★☆2026-11-02 09:30Original