MEDIUM 📉 Bearish

Gulf States Lose $15bn in 13 Days as Hormuz Stays Shut

commodities · 13 Mar 2026

What Happened

Gulf producers are haemorrhaging $1.2bn every day the Strait of Hormuz stays closed. Here is what that means for your fuel bill.

Key Takeaways

3 Things to Know

1

$15.1bn lost by Gulf producers since Feb 28

2

$1.2bn per day trapped by Hormuz closure

3

Brent crude up 28% — biggest week since Apr 2020

Source & Tags

Reported by

Finnotia Research

#Oil #Strait of Hormuz #Gulf States #Energy Crisis #LNG

About This Story

Category commodities
Published 13 Mar 2026
Importance MEDIUM
Sentiment 📉 Bearish
📊

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Educational only · Not SEBI registered