‘A BATTLE FOR SURVIVAL’ - Iran plunged back into war

Hopes for a diplomatic breakthrough have faded as retaliatory strikes flare up once again across the Middle East. And with Donald Trump warning of further military escalation, is the world at risk of yet another economic shock?So what’s behind the new wave of strikes in the Middle East? And could Iran be at risk of losing control of its ultimate bargaining chip - the Strait of Hormuz.In this episode of The Fourcast Indicators, Krishnan Guru-Murthy and Mark Urban break down the geopolitical signals shaping this war. Joined by the economist Neil Shearing from Capital Economics, they discuss global markets, inflation, and whether an exit strategy exists for either side.