Published: Mar 16, 2026, 19:00 IST | Updated: Mar 16, 2026, 19:00 IST
Since the war began, Gulf producers have already lost $15.1 billion in revenues, based on estimates that the choked supplies that cannot pass the Strait of Hormuz were worth $1.2 billion per day, based on average 2025 prices and volumes, according to Kpler.