President Donald Trump expressed confidence in the US military campaign against Iran even as the timeline for operations remained deeply unclear on the fifth day of the Middle East war. The administration's stance comes amid escalating tensions that have roiled regional markets and created uncertainty for global energy prices.

Bloomberg's Stuart Livingstone-Wallace and Dan Williams provided analysis of the situation on Horizons Middle East and Africa, highlighting the complex dynamics at play. The conflict has already disrupted shipping routes through the Strait of Hormuz, a critical chokepoint where 20% of global oil passes daily.

Market volatility has spiked as investors weigh the potential for broader regional escalation. Energy stocks have seen significant gains while technology shares have retreated on concerns about supply chain disruptions. The situation remains fluid, with military experts noting that any prolonged conflict could have lasting economic consequences.