Sunday 24 August 2014

Will Gulf fortunes be hampered by Mena turbulence? | GulfNews.com

Will Gulf fortunes be hampered by Mena turbulence? | GulfNews.com:



"It’s clear that the immediate geopolitics of the Middle East have become no less relevant now than when mentioned last week.



In one of those examples where minimal change hides the tensions of offsetting forces, benchmark Brent oil prices have deceptively hovered around the $100 (Dh367) mark.



To some extent it has to be imagined that prices, and therefore receipts to the exporting states of the Gulf, have been upheld by a certain risk premium for some time."



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