17 Jan 2024
16m

Mid-East conflict escalation, two indicators

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This podcast episode highlights the strategic importance of the Red Sea, escalating tensions due to Houthi attacks, impact on global shipping, potential economic repercussions, including disruptions in oil and gas, and explores the phenomenon of "dominoes" in the Middle East, linking events such as shipping disruptions to oil blockades, involvement of Iran, and potential stagflation. Despite concerns, oil prices have remained stable due to expectations of economic slowdown and increased oil production outside the region. The risks to the global economy are emphasized should conflicts intensify and escalate further.
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