Iran Ratchets Up Talk of Controlling Hormuz; Stocks Rally | Horizons Middle East & Africa 6/30/2026

Iran reiterated its determination to maintain control over maritime traffic moving through the Strait of Hormuz; Deputy Foreign Minister Kazem Gharibabadi said Iran wants to work out an agreement with Oman to oversee ships passing through Hormuz, but will move forward with its own plans if Oman is not interested. Also on the show: Stock rally extends as tech stocks rebound, Japanese Yen weakens to four-decade low; Hormuz traffic picks up as supertankers sail into Persian Gulf; Dubai stocks set for best quarter in a year as war premium ebbs; Chinese economic momentum stirs anew but slowdown remains likely; South African police on high alert before anti-migrant protests; Burnham’s UK devolution plan lacks answers on financial matters. Guests include: Haig Bathgate, Callanish Capital CEO; Victoria Mitchell, Control Risks Maritime Senior Analyst; Erica Tay, Maybank Macro Research Director. Chapters: 00:07:55 - Iran ratchets up talk of controlling Hormuz 00:09:53 - Haig Bathgate, Callanish Capital 00:15:29 - Victoria Mitchell, Control Risks 00:27:29 - Dubai stocks set for best quarter in a year 00:30:55 - Erica Tay, Maybank 00:36:27 - South Africa anti-migrant protests 00:41:52 - Burnham vows to grow economy by taking powers out of London -------- 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:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts