Iran War to Cost Gulf US$200b in Damage, US$790b in Lost Output by 2030, Says Insurer
29 Articles
29 Articles
A US-Iran war would cost Gulf countries more than $200 billion in damages, and economic losses could reach nearly four times that amount by 2030, forecasting insurance company Allianz Trade said on Wednesday.
The damage from the war with Iran will cost the Gulf countries more than $200 billion; by 2030, economic losses could have nearly quadrupled; the international insurance company Allianz Trade reported on Wednesday. "Physical damage across the region is estimated at just over $200 billion, mainly concentrated in countries in the Ormuz Strait area, especially in the energy infrastructure," says the insurance company's report.
Protothema
ΡΕΘΕΜΝΟΣ ΕΦΗΜΕΡΙΔΑ: ΡΕΘΥΜΝΟ ΝΕΑ ΕΙΔΗΣΕΙΣ ΚΡΗΤΗ…The report covers the six member countries of the Gulf Cooperation Council: Saudi Arabia, Oman, Qatar, Bahrain, the United Arab Emirates and Kuwait.
The war also had an impact on tourism and the real estate sector, which will experience slower growth in the coming years. The post The US-Iran war caused losses of approximately 180 billion euros in the Gulf countries appeared first on in.gr.
The war between Iran and the United States has caused about $200 billion in damage in the Gulf countries, where economic losses could be four times higher by 2030, according to a report published by AllianzTrade on Wednesday.
Malay Mail
AlKhaleej TodayIran war to cost Gulf US$200b in damage, US$790b in lost output by 2030, says insurer
DUBAI, Nov 11 — The US-Iran war will cost Gulf countries more than US$200 billion (RM814.7 billion) in damage and economic losses could reach nearly four times that amount by...
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