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US Strikes Iran; Stock Rout; SpaceX IPO Oversubscribed | Horizons Middle East & Africa 6/11/2026

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June 11, 2026

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Oil rises as the US completes a fresh set of strikes in Iran for a second day in a row, after President Trump accuses Tehran of dragging out peace talks.

Global equities hit a one-month low as the tech-led selloff deepens and the war in Iran shows little sign of ending.

Investors gear up for SpaceX to go public, with the order book believed to be more than four times oversubscribed.

That includes Gulf sovereign wealth funds ordering shares worth several billions of dollars.

Guests on the show include: William Roebuck, Arab Gulf States Institute, Executive Vice President & Former US Ambassador to Bahrain; Rajeev Sibal, Morgan Stanley, Senior Global Economist; and Victoria Harling, Ninety One, Middle East CIO & Co-Head Emerging Market Corporate Debt.

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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