War economy generates $160 billion for energy and defense sectors

The conflict between Iran and Israel has generated an economic volume of approximately $160 billion for various sectors over a 165-day period. This figure includes realized profits from oil giants, new defense orders, increased operating revenues for LNG and tanker companies, and new contracts created by the war.

Defense companies have seen their order books grow by billions, while oil giants reported $48 billion in profits during the second quarter. The maritime sector, specifically tanker transportation, has seen some of the highest growth rates. Security risks near the Strait of Hormuz have forced longer shipping routes, effectively tightening the global tanker supply and driving up freight prices.

As an example of this trend, DHT Holdings reported a second-quarter net profit of $198.3 million, a significant increase from approximately $56 million during the same period last year, representing a yearly growth rate of about 254%.