Russia-Ukraine war ‘will benefit GCC oil and gas companies’

MANAMA: The Russia-Ukraine struggle will convey advantages for GCC oil and gasoline producers however poses some dangers to Turkish corporations by way of credit score high quality erosion, in response to Moody’s.
In a sector-in-depth replace on corporates, the rankings company stated not one of the 56 GCC, African and Turkish corporations rated by Moody’s will face materials credit score high quality erosion below its baseline state of affairs for the battle, that being that world development slows however doesn’t stall .