FT: Gulf Energy Repairs Could Reach $50 Billion

Financial Times reported repair costs for Gulf energy facilities could reach $50 billion.

Citing a consulting report.

The damages require major investments.

Amid regional tensions.

Estimates range.

Between $30 and $50 billion.

Depending on infrastructure damage.

Including oil production facilities.

Refineries and transport networks.

This may impact global supply.

And increase pressure on energy markets.

In the coming period.