Bloomberg Television · Trump: Ceasefire With Iran on ‘Massive Life Support’ | Horizons Middle East & Africa 5/12/2026

1. 1. U.S. President Trump declared the Iran ceasefire on "massive life support," rejecting Tehran's peace offer.
2. 2. Aramco's CEO states global oil markets lose 100 million barrels weekly from the Strait of Hormuz closure.
3. 3. A South Korean policymaker's AI citizen dividend post triggered a $300 billion Kospi market cap loss.
4. 4. Investors show complacency despite geopolitical risks; advisors warn against leverage and suggest inflation hedges.
5. 5. Strait of Hormuz closure impacts Gulf economies unevenly, favoring those with export access and buffers.