Middle East Conflict Taken Toll on Oil Industry Due to Lack of Plan B - ADNOC CEO

NAMPA / Sputnik
2026-11-02
ABU DHABI, November 2 (RIA Novosti) - The conflict in the Middle East has taken its toll on the global oil and gas industry, causing a significant depletion of existing stocks of gas, oil and oil products, which is a logical consequence of having operated solely on a just-in-time supply basis without any contingency plan, UAE Minister of Industry and Advanced Technology and Abu Dhabi National Oil Company (ADNOC) CEO Sultan Al Jaber said on Monday......
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