Middle East & Africa Economic overview

January 2018

Rising political tensions in Iran and Saudi Arabia will remain a concern for the Middle East’s oil and gas sector.

Anti-government protests over economic hardship and corruption have hit several Iranian cities, claiming lives and leading to widespread arrests. Iran’s Supreme Leader Ali Khamenei has been quick to blame the country’s enemies for causing the troubles.

Meanwhile, US President Donald Trump has conditionally extended sanctions relief granted to Iran under the nuclear deal Iran made in 2015 with the permanent members of the UN Security Council and...

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