This episode of Horizons Middle East & Africa covers rising geopolitical tensions that are affecting global financial markets. Stock prices are declining as oil costs increase, driven by concerns over potential conflict with Iran. A notable development is President Trump's directive for the U.S. Navy to take action against boats laying mines in the strategically important Strait of Hormuz, which threatens vital oil shipping routes and raises fears about the stability of global energy supplies.
In addition to the Hormuz situation, the episode reports on an extension of the ceasefire between Israel and Lebanon for another three weeks, temporarily easing regional hostilities. The program also highlights positive news for Intel, whose shares surged following a strong forecast linked to growth in artificial intelligence infrastructure. Meanwhile, African businessman Aliko Dangote has pledged support for a significant oil refinery project in East Africa, and the European Union has indicated progress on a separate, unspecified issue, showcasing a broad spectrum of economic and geopolitical developments.