The economic cost of the Strait of Hormuz crisis for the Basque Country is 200 million euros.

Omissions

• The 200 million euro figure is an estimate produced by the Basque Government itself (through Minister Mikel Jauregi), not an independently audited or EU-verified figure. The MEP presents it as a plain fact without attributing it to the Basque Government.
• The figure refers specifically to the cost of the 'energy shock' caused by the Strait of Hormuz crisis, not necessarily the total economic impact which may include other indirect effects.

Sources

• SecondaryEuropa PressThe Basque Government Minister Mikel Jauregi stated: 'Este shock energético ya nos ha pasado una factura de 200 millones en Euskadi. Es decir, ya nos ha costado el equivalente a dos hospitales de Tolosa.' (This energy shock has already cost us a bill of 200 million in Euskadi. That is, it has already cost us the equivalent of two Tolosa hospitals.)
• SecondaryCadena SEREl cierre de Ormuz le cuesta ya 2 millones al día a la industria vasca: la factura alcanza los 200 millones de euros. (The Ormuz closure is already costing Basque industry 2 million per day: the bill reaches 200 million euros.)
• SecondaryOrain.eusEl Gobierno Vasco cifra en 200 millones el coste para Euskadi del 'shock energético' por el bloqueo de Ormuz. (The Basque Government estimates the cost for Euskadi of the 'energy shock' from the Ormuz blockade at 200 million.)