No off-ramp in the Iran conflict and what it costs New Zealand

In this episode, Oliver talks with John Howard, senior fellow at the New Zealand Initiative, about why he sees no negotiated settlement over Iran in the next 30 to 60 days, and what prolonged disruption in the Strait of Hormuz exposes about New Zealand's fuel and fertiliser supply. They also ask whether the increase in defence spending from 1.1 to 2 per cent of GDP is being converted into actual hardware and personnel, and assess Defence Minister Chris Penk's opening months in the job, including his $300 million announcement on attack drones.