Will Iran oil end Saudi Arabia's energy reign?
The Iranian nuclear deal has struck an optimistic tone in the Middle East, Ayyub writes, and officials in the United Arab Emirates are taking the opportunity to increase energy cooperation with Iran. That collaboration threatens to further erode Saudi Arabia's influence over the region's oil.
By Rami Ayyub, Guest blogger / February 12, 2014As the Iranian nuclear deal begins to take effect and international pressure on the regime continues to diminish, Gulf nations have begun re-establishing diplomatic and economic relations with their once-distant neighbor. The deal has struck an optimistic tone in the Middle East, and officials in the United Arab Emirates are taking the opportunity to settle old disputes and increase energy cooperation with their neighbor across the Gulf.
http://oilprice.com/Geopolitics/Middle-East/Irans-Return-Prompts-Changes-to-Saudi-Arabia-Energy-Strategy.html
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