Hormuz Conflict Damages Persian Gulf Havens
The post Hormuz Conflict Damages Persian Gulf Havens appeared on BitcoinEthereumNews.com. TEHRAN, IRAN – APRIL 17: An Iranian surface to surface Ghasedak missile is driven past portraits of Iran’s late founder of the Islamic Republic, Ayatollah Ali khamenei (R), during the annual army day military parade on April 17, 2008 in Tehran, Iran. Getty Images The war with Iran and the recurrent closures of the Strait of Hormuz have rattled financial markets across the globe, but the greatest immediate costs are being borne by the Arab Gulf states, long safe havens of domestic and international investors. Missile strikes and drone attacks have damaged critical facilities, disrupted aviation, and undermined the aura of stability that had long distinguished these states in the often-turbulent Middle East. According to the April 2026 IMF Regional Economic Outlook Update, flight departures fell by roughly one-third in Abu Dhabi, about two-thirds in Dubai, and approximately three-quarters in Doha du