From Bloomberg Markets and Finance.

President Trump threatens to raise the tariff on Indian goods ‘substantially’ over Russian oil purchases. New Delhi slams the move as unjustified and unreasonable. The EU will suspend trade countermeasures against the US for six months. Aramco’s profit is expected to drop on lower prices, while refining margins may improve. The energy giant reports within the next couple of hours, along with BP. PLUS… South Africa is turning to other markets to boost trade ties, and is planning an aid package to support domestic businesses as US tariffs bite. Guests on the show include: Anita Krishna Gupta, Wealthbrix Capital Partners, CIO; Matthew Ryan, Ebury Head of Market Strategy; and Hazem Ben-Gacem, BlueFive Capital CEO & Founder.

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
00:03:49 – Trump threatens to hike India tariff over Russian oil
00:08:05 – Anita Krishna Gupta, Wealthbrix Capital Partners CIO
00:14:33 – Aramco 2Q profit expected to decline on lower oil prices
00:19:17 – Ghana cocoa farmer pay rises limited by currency appreciation
00:25:05 – South Africa looks to new markets as US tariffs bite
00:28:53 – Matthew Ryan, Ebury Head of Market Strategy
00:35:06 – Hazem Ben-Gacem, BlueFive Capital CEO & Founder
00:42:17 – Tesla gives Elon Musk $30B in stock award to focus on automaker
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