​GULF WEEKLY: Reopenings accelerate, and oil cuts might be extended

GULF COUNTRIES - Report 29 May 2020 by Rory Fyfe and Justin Alexander

A skimmable summary of key developments overlaid with our analysis and links to further information. Headlines include:

* Most states outlined reopening plans for the next few weeks.
* Coronavirus active infections fell in Saudi and Qatar, but returned to growth in UAE and are rising quickly in Oman.
* Saudi Arabia is urging OPEC+ to cut output 2m b/d more than planned in H2.
* Qatar has won a WTO dispute against Saudi about media piracy.
* April CPI data showed deeper deflation in several states.
* Oman's new involuntary retirement scheme could trim -4% off public sector wages in 2021.
* Iraq is seeking GCC support, including on reparations to Kuwait and Saudi investment.
* Ghalibaf, a hardliner, was elected Iran speaker of parliament as tensions with the US pick up.

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