Middle East War Damage Costs Could Reach $50 Billion for Oil and Gas Facilities, Rystad Energy Says

The US-Israel military campaign against Iran has driven estimated repair costs for regional oil and gas infrastructure to as much as $50 billion, with total damage across the Middle East potentially reaching $58 billion, according to energy research firm Rystad Energy.

The sharp revision from an earlier $25 billion estimate reflects the scale of destruction before the April 8 ceasefire between Washington and Tehran. While the headline figure is substantial, Rystad stresses that the real bottleneck lies not in funding but in the limited global capacity to supply critical equipment and engineering services, which could delay repairs for years.

“Repair work does not create new capacity. It redirects existing capacity, and that redirection will be felt in project delays and into inflation far beyond the Middle East,” said Karan Satwani, Rystad senior analyst. “The $58 billion bill is the headline, but the knock-on effects on energy investment timelines globally may prove just as significant.”

The firm’s analysis indicates that downstream refining and petrochemical assets will account for the largest share of spending due to the scale and complexity of the damage. Industrial, power, and desalination facilities could add between $3 billion and $8 billion, with recovery timelines varying by country according to differences in execution capacity and supply chain constraints.

Iran faces the most extensive damage, with costs potentially reaching $19 billion across gas processing, refining, and export infrastructure. Qatar’s impact is more concentrated but technically complex, centered on the Ras Laffan LNG hub, where repairs may coincide with ongoing expansion projects.

Tehran has said it plans to seek compensation from five Arab states—Bahrain, Jordan, Qatar, the UAE, and Saudi Arabia—for damage from the latest military standoff. Iran’s UN envoy Amir Saeid Iravani told Tasnim that the countries acted as “co-participants” with the US and Israel and breached their obligations toward Iran.

Humanitarian groups have also reported widespread civilian impact. The Iranian Red Crescent Society said 125,630 civilian units were affected, including 100,000 residential homes, some completely destroyed. Damage was also recorded to 23,500 commercial properties, 339 medical facilities, 32 universities, 857 schools, and 20 Red Crescent centers. IRCS head Pir Hossein Kolivand highlighted that around 15 major logistical sites, including fuel depots, airports, and civilian aircraft, were hit, causing widespread disruption to transport, energy, and public services.

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