Gulf crude oil output has fallen 57% (≈14.5 million bpd) from pre‑war levels, Goldman Sachs reports.
Empty tanker capacity in the Gulf dropped ~50% (≈130 million barrels) since the war began, limiting recovery.
Goldman says recovery may reach 70% of lost output after three months and 88% after six months, assuming no renewed strikes.
Saudi Aramco’s CEO indicated a quick ramp‑up, but risk of scarring remains if hostilities resume.