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Thu · 05 Nov 2026

UAE Oil Chief Quantifies Hormuz Shock: Logistics Costs Up 600%

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UAE Oil Chief Quantifies Hormuz Shock: Logistics Costs Up 600%

🛢️ ADIPEC — The UAE's own energy minister just put numbers on a crisis his country can't escape. 📌 LOOK CLOSER: Al Jaber's figures — 30% logistics cost share vs. 5% pre-crisis, 600 bcf LNG shortfall, 35-year diesel lows — convert Hormuz disruption from geopolitical abstraction to supply-chain arithmetic. Abu Dhabi is a Gulf producer trapped by the same chokepoint it ships through. His call for diplomacy from ADIPEC's stage is the UAE signaling it wants an exit — without saying so to Washington.

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