US, Iran Near Hormuz Deal, Oil Prices Fall | Horizons Middle East & Africa 8/5/2026

Good morning. This is horizons, Middle East and Africa. We have a lot of stories to get through today, starting with the geopolitics in the region, the escalation there and then the lack of the escalation in the region.We also, of course, have the space X earnings that came out yesterday. We will discuss them in details and then the Strait of Hormuz, everything that's happening there and the deal to get the Strait of Hormuz running. But before we get into all of that, let's take a quick look at where market ...