Trump Rejects New Iran Peace Offer; Oil Jumps | Horizons Middle East & Africa 5/11/2026

President Donald Trump and Iran rejected each other’s latest peace proposals to end the 10-week conflict as the two sides struggle to maintain a fragile ceasefire. Also on the show: Saudi Aramco boss warns of a long disruption to oil markets from the near closure of the Strait of Hormuz; stocks climb as traders doubled down on the AI trade, brushing aside Middle East tensions; Jumia CEO says the company navigating short-term disruptions from rising costs; Prime Minister Keir Starmer battles to hold on to his job after heavy local election losses; Africa starts to feel the impact of the global fuel shock; Guests include: Hasan Alhasan, IISS Senior Fellow for Middle East Policy; Amol Shitole, Mashreq Capital, Fixed Income Head.

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.

Chapters:
00:00:00 – Introduction
00:04:50 – Trump rejects new Iran peace offer
00:08:40 – Hasan Alhasan, IISS Senior Fellow for Middle East Policy
00:15:34 – Aramco CEO warns of long oil market disruption
00:27:35 – Amol Shitole, Mashreq Capital, Fixed Income Head
00:33:11 – Francis Dufay, Jumia CEO
00:36:33 – UK’s Starmer vows to serve 10 years
00:41:36 – Africa faces fuel shortages amid global shock
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