Gulf Crude Output Falls 57% Pre‑War

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 end and reopening is safe, but forecasts show only 70% recovery in 3 months, 88% in six months.
Risk of permanent scarring remains if hostilities resume, though limited field damage and spare capacity from Saudi Arabia and UAE could aid ramp‑up.