Trump: Ceasefire With Iran on ‘Massive Life Support’ | Horizons Middle East & Africa 5/12/2026
Bloomberg Television·2026-05-12 06:34
Good morning. This is horizons, Middle East and Africa. Our top stories this morning.U.S. President Trump cast doubt over the ceasefire with Iran after rejecting Tehran's latest peace offer, saying the truce is on life support. It's prolonging the closure of the Hormuz, at which the Aramco CEO says is costing global markets 100 million barrels every week. It's closed.Oil is climbing on the deadlock, which is keeping bonds under pressure with global yields rising. Meanwhile, Asian stocks whipsawed after call ...