War on Iran leaves $58 billion repair bill across region – report

Cătălin Roșioru

US-Israel strikes and Tehran’s retaliation are pushing oil and gas facility damage costs toward $50 billion, Rystad Energy projects The US-Israel war on Iran could push regional repair costs in the Middle East to as much as $58 billion, with oil and gas facilities alone accounting for up to $50 billion, according to an analysis released by energy research firm Rystad. However, the report stresses that the main constraint is not funding but limited global capacity to supply key equipment and

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