Trump Sticks To Naval Blockade; Apple's Strong Rev Forecast | Horizons Middle East & Africa 5/1/2026

Posted on 05/01/2026
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President Trump says he's sticking with his naval blockade on Iran, raising concerns the vital Strait of Hormuz will not reopen anytime soon. US equity futures advance, signaling a rally may have further to run after strong megacap tech earnings push Wall Street to record highs. And Apple delivers a surprisingly strong revenue forecast for the third quarter ... but it warns memory-chip costs will increase as shortages of Mac computers persist. Guests on the show include: Samy Chaar, Lombard Odier, Chief Economist & CIO Switzerland; and Aziz Aluthman Fakhroo, Ooredoo, Group CEO.

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

00:04:22 - Trump says Iran blockade working after oil hits wartime high

00:08:11 - Samy Chaar, Lombard Odier, Chief Economist & CIO Switzerland

00:14:52 - Apple gives strong forecast, even as Mac shortages persist

00:18:05 - LIV Golf looks for new investors after Saudis end support

00:28:14 - Oil holds weekly gain as Trump says Iran blockade working

00:33:24 - Aziz Aluthman Fakhroo, Ooredoo, Group CEO

00:37:39 - Why the UAE and Saudi Arabia have drifted apart

00:41:55 - ECB officials see June hike if energy costs don’t ease first

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