Goldman: Gulf Oil Production Down 57%

Gulf crude oil output fell 14.5 million barrels per day, a 57% drop from pre‑war levels, per Goldman Sachs.
Goldman flags tanker capacity down ~50% (130 million barrels) and well‑flow constraints, delaying full recovery after Strait of Hormuz reopens.
Analyst Daan Struyven expects production to rebound within months if strikes cease and reopening is safe, citing limited field damage and Saudi spare capacity.
External EIA/IEA forecasts project only 70% of lost output recovered after three months and 88% after six months, with scarring risk if hostilities resume.