Thursday, November 12, 2026
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The Iran war shook the economies of the Gulf countries; Billions of dollars in losses

Hamza FarooqFinancial & Markets Correspondent • Islamabad / Lahore Bureau
The Iran war shook the economies of the Gulf countries; Billions of dollars in losses

📌 Key Highlights & Quick Takeaways:

  • So far, more than 200 billion dollars have been lost in the Gulf countries, the effects of which will go up to 2030 and the total loss is ex.
  • According to the international news agency AFP, the global insurance company Allianz Trade has stated in its latest report that most of the.
  • The report said that more than 80 energy installations in the Gulf region were targeted during the war, mostly located in Kuwait, Qatar and.

So far, more than 200 billion dollars have been lost in the Gulf countries, the effects of which will go up to 2030 and the total loss is expected to be 790 billion dollars.

According to the international news agency AFP, the global insurance company Allianz Trade has stated in its latest report that most of the burden of the destruction caused by the war has fallen on the economies that depend on the Strait of Hormuz, especially the energy sector.

The report said that more than 80 energy installations in the Gulf region were targeted during the war, mostly located in Kuwait, Qatar and Bahrain, and many were severely damaged.

Secondly, Sir, the effects of the war in these countries have not been limited to the energy sector, but tourism and real estate business have also been damaged, due to which the growth of these sectors is likely to be slow in the coming years.

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Hamza Farooq

News Desk

Verified editorial report by The Urdu Post newsroom, compliant with journalistic ethics and verification standards.