US-Israeli war on Iran wipes billions off Gulf energy revenues – FT
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March 13, 2026
The Middle East escalation has cut off a number of American allies from the vital Strait of Hormuz Oil producers in the Gulf region have lost an estimated $15.1 billion in energy revenues since the launch of the US-Israeli strikes on Iran, the Financial Times reported on Friday, citing estimates by analytics firm Kpler. The […]
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