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Risk of a US-Iran Conflict Rises; Dollar Strengthens | Horizons Middle East & Africa 2/19/2026

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February 19, 2026

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Risk of a conflict between the US and Iran back on table. The White House warned Iran would be 'wise' to make a deal as President Donald Trump once again hinted at military action. Also on the show: The dollar edges higher as currency traders bet the Federal Reserve won’t be able to deliver three rate cuts in 2026; OpenAI funding on track to top $100 billion in latest round; Dubai stocks are off to their strongest start in 12 years; African nations rush to sell dollar bonds; emerging-market stocks nudge higher as the rebound in gold lifts equities in South Africa.

Guests include: Parisha Saimbi, EM Asia FXLM Strategist, BNP Paribas; Arthur Budaghyan, Chief Emerging Markets Strategist, BCA

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.

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