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UN: Gulf Nations Could Lose $200 Billion From Iran War

The ongoing conflict involving the US, Israel and Iran is inflicting deep economic pain far beyond the battlefield. A new United Nations study estimates that Gulf nations could lose nearly $200 billion in economic output as regional growth contracts and jobs are threatened. Meanwhile, war spending in the region is also steep: Israel’s defence costs are nearing $15 billion, and US operational outlays are mounting as the conflict drags on.

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