Donald Trump says the US will provide insurance guarantees and naval escorts for oil tankers in the Strait of Hormuz, as traders remain skeptical that oil flows will return to normal levels quickly. Stocks sell off in Asia as investors grapple with Iran uncertainty. South Korean equities post their biggest two-day drop since the Global Financial Crisis.
And Israel has reportedly attacked the Iranian clerical body tasked with choosing the next supreme leader, as Tehran steps up attacks on US assets in the region. Guests on the show include: Vincent Juvyns, ING Belgium, Chief Investment Strategist; Jamil Jaffer, National Security Institute, Founder & Executive Director; and Dalia Fahmy, Long Island University, Director of International Relations and Diplomacy & Associate Professor of Political Science.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
(Corrects video headline to reflect market moves in KOSPI)
Chapters:
00:00:00 – Introduction
00:06:05 – Trump says US will insure tankers in the Strait of Hormuz
00:14:12 – Vincent Juvyns, ING Belgium, Chief Investment Strategist
00:19:55 – Jamil Jaffer, National Security Institute, Founder & Executive Director
00:32:04 – Dalia Fahmy, Long Island University, Director of International Relations and Diplomacy & Associate Professor of Political Science
00:39:04 – Oil and gas continues to surge as war widens in Middle East
00:45:21 – Oil and gas continues to surge as war widens in Middle East
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