Potential Impact on Oil, Aviation & Defense Markets of The Middle East

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Potential Impact on Oil, Aviation & Defense Markets of The Middle East
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Israel has however spent a lot of money on military operations and is potentially looking to sell IAI for cash that can support its defense aspirations. The projects under hold include US DoD FMS programs. Supporting Iran with relaxed sanctions can help west make another friend among OPEC countries but the Nuclear Deal will potentially hurt its friendly relations with Israel, a big-ticket FMS customer for The US. The loss however won't be as big as the corresponding benefit from the growth of the Middle-Eastern defense spending fueled by the concern over the [successful execution of] Iran Nuclear Deal.

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