Rystad Energy

Norwegian energy research company

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Iran war could lead to $58 billion in damages across the Middle East
military conflicts Apr 16, 2026, 2:00 AM
Iran war could lead to $58 billion in damages across the Middle East
  • Repair costs resulting from the US-Israel conflict with Iran could reach $58 billion and damage oil and gas facilities significantly.
  • The ongoing war has crippling effects on global supply chains, particularly through the Strait of Hormuz, impacting food security and fertilizer prices.
  • Long-term consequences of the conflict could lead to inflation and disruptions in energy investments and agricultural outputs globally.
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