As the US-Israeli war on Iran continues to escalate, the effects of the conflict are spiralling outwards across a world already whiplashed by cross-border violence, global tariffs, and the unravelling of regional alliances.
There is much that we do not know: How will spiking energy prices affect developing economies in Asia and Africa? What are the long term impacts of the destabilisation of the Gulf, a region that has long served as a magnet for labour and capital from around the world? What does the conflict in Iran reveal about the latest chapter in the relationship between international finance capital and nation states?
To talk through these questions, I interviewed analyst and columnist Mihir Sharma. Sharma is a principal research fellow at IPPR, and has been a Bloomberg Opinion columnist on global economics and politics for over a decade.