The war involving Iran has triggered one of the largest energy supply shocks in modern history, with more than 500 million barrels of crude oil removed from global markets in under 50 days.
According to analyst estimates and Reuters-based calculations, the lost output is valued at approximately $50 billion, based on average oil prices during the crisis
The disruption has been driven by halted production and exports across the Gulf region, alongside severe interruptions in tanker traffic through the Strait of Hormuz, a critical global energy chokepoint.
Additionally, military tensions and damage to energy infrastructure have forced partial or complete shutdowns of key oil facilities, further tightening global supply.
Experts warn that recovery will likely be slow, with a full return to normal production levels potentially taking months or even years, depending on geopolitical developments and infrastructure restoration.