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Turkey Could get F-35 Jets Despite Israel Opposition | Horizons Middle East & Africa 7/9/2026
Global markets are reacting to a sharp escalation in the US-Iran conflict as the US strikes Iran for a second consecutive day, reigniting fears over global oil supplies. Oil prices surged on renewed risks around the Strait of Hormuz after Iran launched large-scale retaliatory operations against US military bases, while explosions were reported near Bandar Abbas and Sirik. President Trump warned that US strikes would intensify unless Iran halts its attacks and said Washington could reimpose a blockade targeting Iranian access through the Strait of Hormuz.
We also examine the latest Federal Reserve meeting minutes, which highlighted growing concerns over inflation, stronger-than-expected producer prices in China, and a rebound in Asian equity markets led by chip stocks. On Wall Street, investors stepped in to buy the dip despite rising geopolitical uncertainty.
Elsewhere, the US plans to remove Syria from terrorism sanctions list, Turkey could revive to acquire F-35 fighter jets despite Israeli opposition, NATO allies remain cautious over President Trump's comments on Greenland, and telecom operators MTN and Telecel prepare bids for Ghana's 5G licenses. Guests Includes Max Kettner, HSBC Chief Multi-Asset Strategist; Rohit Sipahimalani, Temasek CIO; and Karen Young, Colombia University Senior Research Scholar.
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.
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
00:05:21 - US Strikes Iran for the Second Straight Day
00:09:00 - Global Oil Prices Surge Over Straight of Hormuz Risk
00:13:44 - Max Kettner, HSBC Chief Multi-Asset Strategist
00:19:34 - Rohit Sipahimalani, Temasek CIO
00:28:14 - Turkey could get F-35 Jets Despite Israel Opposition
00:34:14 - Karen Young, Colombia University Senior Research Scholar
00:38:45 - Trump Pushes NATO Allies to Increase Defense Spending
00:43:01 - MTN and Telecel Ready Bids for Ghana 5G
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Published Jul 9, 2026
