14 Aug
2026
27° c YEREVAN
25° c STEPANAKERT
ABCMEDIA
The war between the US and Iran costed the world losing 2.6 billion barrels of oil.

The war between the US and Iran costed the world losing 2.6 billion barrels of oil.

The world has lost 2.6 billion barrels of oil since the start of the war, making it the largest supply disruption ever in cumulative terms apart from the 1979 Iranian revolution, according to Reuters calculations.

That amounts to a massive 25 days of global consumption based on pre-war global oil demand of 103 million barrels per day.

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