New assessment of the damage from the war against Iran in Gulf countries

🔺🔻New assessment of the damage from the war against Iran in Gulf countries 🔹The Financial Times reported that the London Lloyd's insurance market expects damage caused by the U.S. and Iran war in Gulf countries to reach around £1.4 billion. 🔹The CEO of Lloyd's stated that, unlike the attacks on ships in the Strait of Hormuz, most of these damages are due to damage to land infrastructure. Specifically, the Saudi company SABIC is on the verge of filing a claim of around $800 million due to damage to a petrochemical complex from a missile attack.