Iran Strikes Two UAE Oil Tankers in Hormuz | Horizons Middle East & Africa 8/14/2026

Global markets are reassessing the Federal Reserve's path after US inflation cooled, pushing traders to pare expectations for further rate hikes. The S&P 500 reached a record high, while US Treasury yields climbed as the government sold 30-year bonds at 5.25%, the highest yield for the maturity since 2001. Asian stocks advanced as softer US inflation and strong technology demand lifted sentiment. Asian memory stocks gained after SanDisk raised its outlook, while CXMT's market value surpassed Tencent's. Reddit is set to join the S&P 500 on August 18, while JD.com reported its first-ever sales decline. In the Middle East, Iran and Oman have yet to reach a deal to reopen the Strait of Hormuz. The US is preparing an "economic isolation" strategy for Iran, while the UAE says two oil tankers were attacked by Iran. Oil prices remain supported as the Iran conflict drags on and shipping risks persist. In technology, OpenAI's revenue run rate has surpassed $40 billion ahead of its potential IPO, while investors are reportedly betting on a $2 trillion valuation for Anthropic. DeepSeek is raising AI prices while maintaining a low-cost advantage, and major technology companies are increasingly turning to debt markets to finance massive AI infrastructure spending. Elsewhere, Saudi Arabia's Public Investment Fund is considering a broader privatization push, Turkey raised its inflation forecast, Standard Bank reported record first-half profit, and South Africa's ports and rail operator is seeking $2.2 billion in funding. We also cover UAE and Qatar companies entering Venezuela through a BP-led gas deal, DP World reporting $585 million in first-half profit, China's technology earnings shifting investor focus toward hardware, and an Ebola outbreak spreading to a sixth province in Congo. Guest includes Noureldeen AlHammoury, Equity Group Chief Market Strategist, Rachel Ziemba, Ziemba Insights Founder and Sim Tshabalala, Standard Bank 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 00:03:30 - US Bond Sale Records Highest Yield Since 2001 00:07:20 - Noureldeen AlHammoury, Equity Group Chief Market Strategist 00:13:40 - US to Roll Out 'Economic Isolation' Plan for Iran 00:17:50 - OpenAI Revenue Run Rate Tops $40B Ahead of IPO 00:28:40 - Rachel Ziemba, Ziemba Insights Founder 00:34:16 - Saudi Arabia Shifts Toward Privatization 00:36:36 - Turkey Raises Inflation Forecast, Closing Market Gap 00:40:36 - Sim Tshabalala, Standard Bank CEO -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts