Allianz Trade estimates the damage to Middle East infrastructure from the war with Iran at $200 billion.
Damage from a war with Iran will cost Gulf states more than $200 billion, with economic losses expected to quadruple by 2030, international insurer Alliance Trade said on Wednesday. "The physical damage throughout the region is estimated at slightly more than 200 billion dollars, mostly concentrated in the countries around the Strait of Hormuz, especially in energy infrastructures," the insurer said in the report.