- Adnoc CEO Sultan Al Jaber stated that restoring oil flows to eighty percent of pre-conflict levels will require at least four months once stability is achieved
- The ongoing regional conflict has severely disrupted shipping routes through the Strait of Hormuz, leading to a global supply deficit estimated at one billion barrels
- To bypass the blocked strait, the United Arab Emirates is fast-tracking the construction of its second West-East pipeline to the port of Fujairah to double its bypass export capacity
- The United Arab Emirates recently exited OPEC to pursue sovereign strategic interests and accelerate unconventional oil and gas projects to meet global demand
Adnoc chief estimates four months to restore eighty percent of pre-conflict oil flows
May 20, 2026, 12:10:39 PM UTC(11 hours ago)
Impact: Very HighAffected Assets
Sources
From:@DeItaone
ADNOC CEO: IT WILL TAKE AT LEAST 4 MONTHS TO GET BACK TO 80% OF PRE CONFLICT FLOWS