Story perspectives

Gulf States Hit by Iranian Attacks, $15.1B Losses

3/14/2026

Summary

Story summary

Gulf states have faced significant Iranian missile and drone attacks, with over 2,000 projectiles launched at them.
Iran's Revolutionary Guards revealed that 40% of their firepower targeted Israel, while most strikes hit Arab neighbors.
Gulf leaders remain wary of being drawn into the conflict, despite pressure from the United States and Israel.
The conflict has caused an estimated $15.1 billion in Gulf energy-revenue losses, raising concerns about long-term regional stability.

History

Historical Context

The Iran-Iraq War began on September 22, 1980, when Iraq invaded Iran, leading to a brutal conflict that resulted in over 1 million casualties and significant economic losses. Today, Iran's Revolutionary Guards continue to target Gulf states, launching over 2,000 projectiles, with 40% aimed at Israel, exacerbating regional tensions and causing an estimated $15.1 billion in energy-revenue losses.

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Story summary

Gulf states have faced significant Iranian missile and drone attacks, with over 2,000 projectiles launched at them.
Iran's Revolutionary Guards revealed that 40% of their firepower targeted Israel, while most strikes hit Arab neighbors.
Gulf leaders remain wary of being drawn into the conflict, despite pressure from the United States and Israel.
The conflict has caused an estimated $15.1 billion in Gulf energy-revenue losses, raising concerns about long-term regional stability.

1 / 2