Bader Al Saif

Gulf economies face a long-term hit from the Iran conflict, with estimated damage of $58 billion and disrupted energy supplies.

Iran's March ballistic missile strike on Qatar's Ras Laffan complex devastated global LNG supply by 17%, causing $20 billion in annual revenue losses and exposing Gulf economies' vulnerability amid escalating regional conflict that damaged over 80 energy facilities across five countries.

An Iranian missile struck Qatar's Ras Laffan gas complex in March, destroying seventeen percent of global LNG supply and causing twenty billion dollars in annual revenue losses, while damaging over eighty regional energy facilities and cutting Middle East growth forecasts to 1.8 percent.

Gulf economies face a long-term hit from the Iran conflict, with estimated damages of $58bn and disrupted energy supplies.

Gulf economies face a long-term hit from the Iran conflict, with estimated damage of $58bn and disrupted energy supplies.

Gulf economies face a long-term hit from the Iran conflict, with estimated damages of $58bn and disrupted energy supplies.