26
Feb
15:35
US-Iran tensions seen hampering GCC infrastructure projects
The possible escalation of tensions between the US and Iran could harm investor confidence and increase external financing costs. This would delay large scale infrastructure projects and weaken Gulf Cooperation Council regional economic growth, according to Moody’s.
Tensions between the two countries intensified in 2019 and escalated further in January following the US assassination of Iran’s top military commander. Moody’s continues to assume th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous