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Trump warns of massive strikes if Iran rejects a US deal, even as he claims a shaky ceasefire holds. While equity markets remain bullish, oil markets show "deep distress" and prediction markets signal low confidence in a swift diplomatic resolution.

African ports are struggling to capitalize on a surge in shipping traffic as the Middle East conflict disrupts other key global trade routes. Bloomberg's Chief Africa Correspondent Jennifer Zabasajja explains on Horizons Middle East & Africa.

President Donald Trump said he would pause an effort to help stranded ships exit the Strait of Hormuz to see if the US can reach an agreement with Iran to end the war. Bloomberg's Stuart Livingstone-Wallace has the latest.

The US and Iran exchanged fire in a flareup of violence that also drew in the UAE, prompting calls for renewed strikes on Iranian targets and casting doubt on the fate of a four-week ceasefire. But Former US Ambassador to Saudi Arabia, Robert W. Jordan told Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche that a flareup could mean the two parties are close to a deal.

Emaar Properties CEO Mohamed Alabbar says that Dubai's property market remains resilient despite regional tensions, citing strong buyer confidence and stable collections across customers. While acknowledging short-term supply chain disruptions linked to the Strait of Hormuz closure, Alabbar expects a quick regional rebound. He spoke with Bloomberg TV's Joumanna Bercetche from the sidelines of MIITE in Abu Dhabi.

Political tensions are rising in Senegal, with President Faye warning his own ruling party could be at risk of collapse as a rift with the Prime Minister deepens. Chief Africa correspondent, Jennifer Zabasajja, explains on Horizons Middle East & Africa.

IMF Africa Director Abebe Selassie says Africa's economies were strengthening before the Iran crisis, with solid growth, lower inflation, and declining debt, but are now facing slower growth and shocks such as reduced remittances and rising oil prices. He told Bloomberg TV any short-term support should be targeted and temporary to avoid undermining long-term development goals.

The UAE has made a shock exit from OPEC blindsiding its partners and diluting the cartel's ability to steer oil prices via supply cuts. Amir Handjani, Non-resident fellow at the Quincy Institute for Responsible Statecraft spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the move and whether it was a political or economical decision.

Dubai has become one of the world's top real estate markets post-pandemic thanks to expats and foreign investors. But the market has declined as a result of the regional conflict. Bloomberg's Zainab Fattah reports on Horizons Middle East and Africa

Stocks advanced and oil pared gains following a report that Iran offered the US a proposal to reopen the Strait of Hormuz, easing concern that efforts to restart peace talks had stalled. Bloomberg's Stuart Livingstone-Wallace and Stephen Stapczynski have the latest.