Economic News Roundup

Iran gas interest seen rekindled by Russia crisis (Forbes)
“Iran’s attraction as an alternative source of gas supply to Europe is slowly gaining momentum following a crisis over Russian gas supplies in January, top industry oil executives said on Wednesday.“
Iran’s inflation falls to 24% low in January (Arabian Business)
“Iran’s annual inflation rate fell more than two percent to 24 percent in January, a newspaper on Saturday quoted the central bank’s governor as saying.”
Iran-Oman Gas deal sealed (Zawya)
“Gas has started flowing from the West Bukha offshore field shared by Oman and Iran, and will be processed in the UAE by the Ras al Khaimah Gas Commission (RAKGAS).”
Economic Imbalance Between GCC and Iran Worrisome (Emirates Center for Strategic Studies and Research)
James Russell sees a Gulf security fallout from economic crisis
Investigations into tanker crash begin (The National)
“…Inflatable booms were placed around the damaged tanker yesterday to prevent spillage of its cargo of 30,000 tonnes of condensed liquid natural gas.
However, the ship’s operator, the Italian firm Martinoli Consulting, said the damaged part of the tanker had been empty at the time of the accident.”

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