# World's energy supply buffers have been eroded, ADNOC CEO says - The HinduBusinessLine

> ADNOC's CEO said the world has drawn nearly 1 billion barrels from global inventories since the Strait of Hormuz was disrupted. Diesel stocks in some areas are at 35-year seasonal lows, and some regions face an LNG supply gap of 600 billion cubic feet. Shipping and logistics now account for 30% of a barrel's cost, up from 5% before the Iran war.

- Date: 2026-11-02 · published 2026-11-02T09:08:59.911Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/75234-world-s-energy-supply-buffers-have-been-eroded-adnoc-ceo-says-the
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Depleted diesel stocks at multi-decade lows leave markets vulnerable to further price spikes, which raise freight and processing costs across feed supply chains. Crude and product prices are likely to stay firm while buffers remain depleted.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-09-08 | [Crude oil futures rise after Iran threatens retaliatory strike on energy assets - The HinduBusinessLine](https://feedsoft.ai/events/17584-crude-oil-futures-rise-after-iran-threatens-retaliatory-strike-on-energy-assets.md) | +10.4% | +0.9% |
| DIESEL | 2026-03-03 | [Iran War Sends Diesel Prices Soaring All Over the World on Supply Chokepoints - Bloomberg](https://feedsoft.ai/events/5528-iran-war-sends-diesel-prices-soaring-all-over-the-world-on-supply-chokepoints.md) | +17.7% | +50.3% |
| DIESEL | 2026-03-07 | [US pump prices surge as Iran war upends global energy supply \| Reuters](https://feedsoft.ai/events/5531-us-pump-prices-surge-as-iran-war-upends-global-energy-supply-reuters.md) | +10.4% | +19.4% |
| DIESEL | 2026-10-27 | [Crisis in Strait of Hormuz will not be last of its kind : Singapore Energy Minister Tan warns of energy supply risks](https://feedsoft.ai/events/952-crisis-in-strait-of-hormuz-will-not-be-last-of-its-kind-singapore-energy.md) | -3.9% | — |
| DIESEL | 2023-01-31 | [US Diesel Supply Risks in the Era of Energy Security and Transition - Center on Global Energy Policy at Columbia University SIPA \| CGEP %](https://feedsoft.ai/events/37970-us-diesel-supply-risks-in-the-era-of-energy-security-and-transition-center-on.md) | -10.4% | -9.3% |
| BRENT | 2026-03-04 | [Urea, DAP prices surge amid Gulf tensions and supply concerns - The HinduBusinessLine](https://feedsoft.ai/events/5102-urea-dap-prices-surge-amid-gulf-tensions-and-supply-concerns-the.md) | +7.9% | +48.7% |
| BRENT | 2026-09-08 | [Crude oil futures rise after Iran threatens retaliatory strike on energy assets - The HinduBusinessLine](https://feedsoft.ai/events/17584-crude-oil-futures-rise-after-iran-threatens-retaliatory-strike-on-energy-assets.md) | +12.9% | +11.9% |
| BRENT | 2020-01-06 | [West Asia tensions send yen to three-month peak - The HinduBusinessLine](https://feedsoft.ai/events/55324-west-asia-tensions-send-yen-to-three-month-peak-the-hindubusinessline.md) | -4.3% | -15.8% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/worlds-energy-supply-buffers-have-been-eroded-adnoc-ceo-says/article71655703.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.