Report: Gulf States Could Lose $790 Billion in Economic Output by 2030
A report published by Allianz Trade on November 11 projects that Middle East conflict and disruptions to shipping through the Strait of Hormuz could leave Gulf Cooperation Council members with a cumulative $790 billion economic output shortfall from 2026 to 2030. The figure measures the gap against growth expected before the conflict, not direct property damage.
