The war of aggression by the US and Israel against Iran is supposed to cost the Gulf countries, which bore the burden of Iran's retaliation, about 790 billion dollars in physical damages and economic losses by 2030, according to a report published by the insurance company Alliance Trade on November 11.
￭ "The physical damage throughout the region is estimated at just over 200 billion dollars, mostly concentrated in Hormuz-locked economies, especially in energy infrastructures," Allianz Trade stated in its report, adding that the figure reflects the "cumulative loss of economic output during 2026-30."
￭ During the war, Iran took revenge on about 80 energy facilities across the Gulf, with infrastructure in Kuwait, Qatar and Bahrain being the most affected, leaving several facilities severely damaged or out of use.