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President Donald Trump said he called off a strike on Iran after an appeal by the leaders of Persian Gulf allies, who called for more time to pursue a diplomatic resolution.. Bloomberg's Stuart Livingstone-Wallace shares what we know.

Donald Trump met Xi Jinping in Beijing's leadership compound on Friday, kickstarting a second day of talks.

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.

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.

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.

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.

The UAE's enquiry about a currency swap with the US is more about taking out an insurance policy rather than a sign of a fiscal crisis. That's according to Hasnain Malik, Managing Director for Emerging Market Equity & Geopolitical Strategy at Tellimer who spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the UAE's potential lifeline in case the Strait of Hormuz remains closed for longer.

The US and Iran remain locked in a standoff over the Strait of Hormuz, with both sides effectively choking off traffic during an extended ceasefire. President Donald Trump said the truce agreed to on April 7 would stay in place indefinitely while Tehran says it has no plans to take part in negotiations imminently. Julia Roknifard, Senior Lecturer at the School of Law & Governance at Taylor's University in Malaysia spoke to Bloomerg's Horizons Middle East and Africa anchor Joumanna Bercetche on the likely scenario.

Andrew Bishop, Signum Global's Head of Policy Research, describes Iranian attempts to impose a legal transit fee through the Strait of Hormuz as 'bluster', arguing Tehran is using the Strait as leverage to extract additional concessions from the US.