How the Iran crisis could hit your pocket and EU response

As the US-Iran conflict escalates, oil prices have begun to rise, so what impact could the crisis have on prices here? Adam Maguire of the RTÉ Business desk joins Fran and Maggie to explain why the Straits of Hormuz is so important and how shipping is already re-routing away from the region. Later, Professor John O'Brennan of Maynooth University discusses the EU response, the potential to get dragged into the conflict and the possible impact on Ireland's hosting of the EU Presidency. See omnystudio.com/listener for privacy information.