The World Economy's Most Dangerous Choke Point

In this episode, I break down why the Strait of Hormuz is one of the most important choke points in the global economy, and how the escalating Middle East conflict is driving up oil prices, gas supplies, inflation, shipping costs and global trade disruption. I look at the joint US-Israel strikes on Iran, attacks on major energy infrastructure including South Pars and Kharg Island, and why disruption in the Gulf can quickly affect households, businesses and governments from the UK to Japan. I also explain the wider economic fallout, including rising petrol prices, cost-push inflation, stagflation risks, pressure on central banks, and the winners and losers of this crisis, from Europe and Asia to Russia and the Gulf states. If you want a clear, accessible breakdown of the Middle East war, the Strait of Hormuz, oil supply shocks, LNG disruption and the global economic consequences, this episode gives you the full picture.