EXTRA: Why the War on Iran Risks Global Terrorism, Energy Crises, and Recession

The war on Iran continued today, following the killing of the country’s supreme leader, Ayatollah Ali Khamenei, over the weekend. In Lebanon, Hezbollah has entered the war. Oil tankers are stalling in the Strait of Hormuz as global markets brace for impact. In this bonus edition of Newstalk Daily UCD’s Dr Edward Burke tells Ciara Doherty we are facing the most dangerous regional moment in decades. Edward says the fallout from the US–Israeli strikes on Iran could mean a heightened terrorism threat in Europe, soaring energy costs and even the risk of a global recession. He describes Trump’s America as being on an “interventionist high” — acting in ways that are “chaotic and capricious.” Is this a short, brutal escalation — or the start of a wider regional war with global consequences?