BREAKING: US/ISRAEL WAR ON IRAN HAS COST GULF STATES $75-80 BILLION SO FAR

Estimated losses after one month of war, according to Rudaw:

• Port revenue losses: $14.4 billion

• Oil and gas export losses: $21.5 billion

• Aviation and tourism losses: $40 billion

• Total GCC losses: $75–80 billion, excluding broader inflationary impacts in Asia and Europe

Before the US and Israel launched strikes on Iran on February 28, an average of 138 ships passed daily through the Strait of Hormuz. By March 17, that number had fallen to 3, according to tanker tracking data from UANI, a non-profit advocacy group opposed to the Iranian regime.

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