How 50 days of the Iran war led to the loss of $50 billion worth of oil
- Posted on April 17, 2026
- By Business News Today
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- 1 min read
How 50 days of the Iran war led to the loss of $50 billion worth of oil
Global oil markets have lost over 500 million barrels since the Iran conflict began, worth nearly $50 billion. Supply disruptions across the Gulf have tightened inventories and hit exports sharply. Despite partial ceasefire signals and Strait of Hormuz reopening, analysts expect recovery to be slow, with lasting energy market shocks.