OPEC+ Mulls Third Hike; Harvard Foreign Student Ban | Horizons Middle East & Africa 05/23/2025

US President Donald Trump’s signature tax bill is heading to the US Senate, after a narrow win in the House. Also on the show: the Trump Administration is blocking Harvard University from enrolling international students; Bloomberg has learned OPEC+ members are discussing a third consecutive increase in oil production in July; gold is heading for its biggest weekly gain in over a month; the US and China’s fight for metals has found a new home in Congo’s cobalt mines; Bitcoin surpassed $111,000 for the first time on Thursday. Guests include: Brett McGonegal, Capital Link, CEO; Carole Nakhle, Crystol Energy, CEO.

Chapters:
00:00:01 – Introduction
00:02:37 – Trump’s tax bill heads to the Senate
00:07:05 – OPEC+ mulls another output hike in July
00:11:59 – Brett McGonegal, Capital Link, CEO
00:18:53 – Challenge of powering AI data centers
00:25:26 – Gold heading for weekly surge over US fiscal deficit worries
00:27:57 – Carole Nakhle, Crystol Energy, CEO
00:34:16 – How Gulf giants are gathering soft power
00:36:04 – US-China fight in Congo’s cobalt mines
00:42:43 – Bitcoin surpasses $111,000 for first time
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