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Iran Strikes Gulf Oil Hub as Allies Resist Trump Hormuz Plan

ABI Analysis · Pan-African energy Sentiment: -0.75 (very_negative) · 16/03/2026
Iran struck new targets across the Persian Gulf, hitting a key United Arab Emirates oil hub as US allies balked at President Donald Trump’s demands to help secure the Strait of Hormuz.
Natasha Hall, associate fellow at Chatham House, said Trump has made conflicting statements about possible offramps to conclude the war with Iran, but the other outstanding question is what would come afterward. (Source: Bloomberg)

Sources: Bloomberg Africa

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