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Middle East war damage could hit $58 billion as repair delays ripple worldwide
Economy
Published on 24 April 2026

Damage estimate doubled in three weeks before the ceasefire
A new Rystad estimate suggests damage to Middle East energy assets may cost up to $58 billion, with the figure doubling in just three weeks. Widespread damage occurred before an April 8 ceasefire, and repairs are expected to reroute existing capacity—slowing projects and pushing global inflation beyond the region.
- Rystad estimates Middle East energy asset damage up to $58 billion
- The estimate doubled in three weeks ahead of the April 8 ceasefire
- Repairs will redirect capacity, delaying energy projects
- Global inflation risks extend beyond the region
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
