The US and Iran enter negotiations tomorrow, but relations between the two are fragile and there's a high risk that talks break down, which could result in fresh US military strikes on Iran. Elsewhere, Qatar signed new long-term LNG export deals this week in the run up to the switching of the North Field later this year, which should prove a gamechanger for the Qatari economy. Finally, Saudi opened its equity and debt markets to more foreign investors this week but, with ownership limits still in place for now, capital inflows may be insufficient to the Kingdom’s growing financing needs.
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