Gulf Arabs Face Mixed Blessing From an Iran Accord: Arab Credit - Bloomberg:
"A nuclear deal between Iran and countries including the U.S. and Russia could prompt sovereign upgrades of Persian Gulf Arab nations even as it may cut their revenue by causing oil prices to fall, according to IHS (IHS) Inc.
“The reduction in geopolitical risk would serve as a key trigger for a sovereign ratings review for the countries of the Gulf Cooperation Council, and potentially an upgrade,” Bryan Plamondon, an economist specializing in the Middle East at energy consultant IHS, said yesterday by e-mail from Lexington, Massachusetts. “Countries would then likely see benefits in the form of lower borrowing costs and greater foreign investment.”"
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