US-Israeli war on Iran wipes billions off Gulf energy revenues FT
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 US and Israel conducted coordinated strikes on the Islamic Republic