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The Iran War Has Cost Energy Importers $330 Billion SinceThe Barrel Brief

The Iran War Has Cost Energy Importers $330 Billion Since

CREA puts the Iran war's added cost to global energy importers at $330 billion between March and August 2026, driven by Brent crude averaging $93 a barrel — 35% above pre-war forecasts — and steep LNG premiums; the European Union absorbed the largest regional share. The war continues, so the bill could grow. This is analysis, not advice.

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The Iran War Has Cost Energy Importers $330 Billion Since

The Iran War Has Cost Energy Importers $330 Billion Since

The Barrel Brief

CREA puts the Iran war's added cost to global energy importers at $330 billion between March and August 2026, driven by Brent crude averaging $93 a barrel — 35% above pre-war forecasts — and steep LNG premiums; the European Union absorbed the largest regional share. The war continues, so the bill could grow. This is analysis, not advice.

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