Oil held a decline as tankers laden with crude continued to exit the Persian Gulf, despite persistent threats and limited progress on a deal between Iran and Oman to reopen the Strait of Hormuz. Rachel Ziemba, Founder of Ziemba Insights spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa about the war in the region which began in late February. (Source: Bloomberg)
Hong Kong raised its full-year growth forecast after a global investment boom in artificial intelligence supercharged exports and helped deliver the economy’s strongest first-half performance in almost five years.
