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What's happening here right now? Iran. Iran. Iran. Iran. Iran.
What's
happening
here
right
now
Iran
Iran
Iran
Iran
Iran
Is having an impact in the Middle East and beyond.
Is
having
an
impact
in
the
Middle
East
and
beyond
Oh my God.
Oh
my
God
To understand why so many countries are affected by the US-Israel war
To
understand
why
so
many
countries
are
affected
by
the
US-Israel
war
with Iran, we need to look at some maps.
with
Iran
we
need
to
look
at
some
maps
The first thing you need to know about Iran is that it's enormous.
The
first
thing
you
need
to
know
about
Iran
is
that
it's
enormous
It's bigger than France, Germany and Spain combined.
It's
bigger
than
France
Germany
and
Spain
combined
And 90 million people live there.
And
90
million
people
live
there
Because it's so big, it links together huge parts of Asia and the Middle East.
Because
it's
so
big
it
links
together
huge
parts
of
Asia
and
the
Middle
East
Iran has always been seen as a kind of gateway to the east
Iran
has
always
been
seen
as
a
kind
of
gateway
to
the
east
and from the east as a gateway to the west.
and
from
the
east
as
a
gateway
to
the
west
In the south is the Persian Gulf, one of the most important waterways
In
the
south
is
the
Persian
Gulf
one
of
the
most
important
waterways
for oil supplies, as well as agricultural trade and general supplies.
for
oil
supplies
as
well
as
agricultural
trade
and
general
supplies
Iran and seven other countries border the Gulf,
Iran
and
seven
other
countries
border
the
Gulf
and the relationships have often been strained.
and
the
relationships
have
often
been
strained
Iran doesn't really have many friends in the neighbourhood.
Iran
doesn't
really
have
many
friends
in
the
neighbourhood
The relationship between Iran and the rest of the Gulf states
The
relationship
between
Iran
and
the
rest
of
the
Gulf
states
has been very tense ever since the revolution started in 1979.
has
been
very
tense
ever
since
the
revolution
started
in
1979
The revolution changed Iran completely.
The
revolution
changed
Iran
completely
The religious leader, Ayatollah Ruhollah Khomeini returned from exile
The
religious
leader
Ayatollah
Ruhollah
Khomeini
returned
from
exile
and established an Islamic republic. It was a turning point,
and
established
an
Islamic
republic
It
was
a
turning
point
and not just for Iran's relationship with its neighbours in the Gulf,
and
not
just
for
Iran's
relationship
with
its
neighbours
in
the
Gulf
but also with the US and its closest ally in the region, Israel.
but
also
with
the
US
and
its
closest
ally
in
the
region
Israel
They became arch-enemies. Iran's leaders
They
became
arch-enemies
Iran's
leaders
have consistently rejected the legitimacy of the state of Israel
have
consistently
rejected
the
legitimacy
of
the
state
of
Israel
and say the US is its greatest enemy.
and
say
the
US
is
its
greatest
enemy
Israel and the US oppose Iran's nuclear programme
Israel
and
the
US
oppose
Iran's
nuclear
programme
because they say Iran has been trying to make a nuclear bomb.
because
they
say
Iran
has
been
trying
to
make
a
nuclear
bomb
The Iranian government has repeatedly said
The
Iranian
government
has
repeatedly
said
its nuclear programme is entirely peaceful
its
nuclear
programme
is
entirely
peaceful
and denies that it is seeking to develop nuclear weapons.
and
denies
that
it
is
seeking
to
develop
nuclear
weapons
So let's look at that map again.
So
let's
look
at
that
map
again
The US has a military presence in all these countries across the Middle East.
The
US
has
a
military
presence
in
all
these
countries
across
the
Middle
East
And here's Israel.
And
here's
Israel
It's only about 1000km from Iran at its closest point.
It's
only
about
1000km
from
Iran
at
its
closest
point
They're all within striking distance of Iran's missiles.
They're
all
within
striking
distance
of
Iran's
missiles
Iran has quite an impressive missile stockpile.
Iran
has
quite
an
impressive
missile
stockpile
They have quite a range of missiles that are able to travel various distances
They
have
quite
a
range
of
missiles
that
are
able
to
travel
various
distances
from a few hundred kilometres to a few thousand kilometres.
from
a
few
hundred
kilometres
to
a
few
thousand
kilometres
It also has quite an impressive drone technology.
It
also
has
quite
an
impressive
drone
technology
They have utilised in recent in the recent conflict.
They
have
utilised
in
recent
in
the
recent
conflict
Iran's defense strategy isn't just missiles and drones.
Iran's
defense
strategy
isn't
just
missiles
and
drones
Since the revolution, Iran has been seeking to export its ideology.
Since
the
revolution
Iran
has
been
seeking
to
export
its
ideology
Through the years, it has expanded its influence in the region
Through
the
years
it
has
expanded
its
influence
in
the
region
by supporting a network of well-armed militias,
by
supporting
a
network
of
well-armed
militias
collectively called the Axis of Resistance.
collectively
called
the
Axis
of
Resistance
Iran has built a forward defense mechanism
Iran
has
built
a
forward
defense
mechanism
by building out these relationships with these groups.
by
building
out
these
relationships
with
these
groups
Over time this included Hamas in Gaza,Hezbollah in Lebanon, the Houthis
Over
time
this
included
Hamas
in
GazaHezbollah
in
Lebanon
the
Houthis
in Yemen, as well as groups in Iraq and the former Syrian regime.
in
Yemen
as
well
as
groups
in
Iraq
and
the
former
Syrian
regime
Always there was always this underlying logic that Israel would not carry out
Always
there
was
always
this
underlying
logic
that
Israel
would
not
carry
out
systematic long term strikes against Iran,
systematic
long
term
strikes
against
Iran
simply because that would trigger Hezbollah and Hezbollah
simply
because
that
would
trigger
Hezbollah
and
Hezbollah
with 100000 rockets, would bear down on Israel.
with
100000
rockets
would
bear
down
on
Israel
But since the war in Gaza, Israel has weakened many of these groups.
But
since
the
war
in
Gaza
Israel
has
weakened
many
of
these
groups
So that's what the relationships in the region looked like
So
that's
what
the
relationships
in
the
region
looked
like
at the beginning of 2026.
at
the
beginning
of
2026
And then this happened. A short time ago.
And
then
this
happened
A
short
time
ago
The United States military began major combat operations in Iran.
The
United
States
military
began
major
combat
operations
in
Iran
Our objective is to defend the American people
Our
objective
is
to
defend
the
American
people
by eliminating imminent threats from the Iranian regime.
by
eliminating
imminent
threats
from
the
Iranian
regime
The US and Israel hit sites across Iran
The
US
and
Israel
hit
sites
across
Iran
and killed the Supreme Leader, Ayatollah Ali Khamenei.
and
killed
the
Supreme
Leader
Ayatollah
Ali
Khamenei
Iranian officials said a US strike also hit a school,
Iranian
officials
said
a
US
strike
also
hit
a
school
killing more than 153 people, including many children.
killing
more
than
153
people
including
many
children
The US military said it was looking into reports of the incident.
The
US
military
said
it
was
looking
into
reports
of
the
incident
Iran called the US Israeli attacks unprovoked, illegal and illegitimate.
Iran
called
the
US
Israeli
attacks
unprovoked
illegal
and
illegitimate
The Secretary-General of the UN condemned the military escalation.
The
Secretary-General
of
the
UN
condemned
the
military
escalation
We are witnessing a grave threat to international peace and security.
We
are
witnessing
a
grave
threat
to
international
peace
and
security
Iran has retaliated by striking Israel and also other countries
Iran
has
retaliated
by
striking
Israel
and
also
other
countries
in the Middle East, where the US has a presence.
in
the
Middle
East
where
the
US
has
a
presence
And it's not just hitting military targets.
And
it's
not
just
hitting
military
targets
Luxury hotels, shopping malls, airports, oil installations
Luxury
hotels
shopping
malls
airports
oil
installations
and apartment buildings have also been damaged.
and
apartment
buildings
have
also
been
damaged
They want to hit the key infrastructure in the Gulf Arab states.
They
want
to
hit
the
key
infrastructure
in
the
Gulf
Arab
states
They want to hurt the potential tourist industry
They
want
to
hurt
the
potential
tourist
industry
that those states are developing,
that
those
states
are
developing
and hurt confidence of investors that are being attracted into the region.
and
hurt
confidence
of
investors
that
are
being
attracted
into
the
region
From a strategic point of view, Iran was probably trying to use this
From
a
strategic
point
of
view
Iran
was
probably
trying
to
use
this
as a way to pressure the Gulf countries
as
a
way
to
pressure
the
Gulf
countries
to then pressure the US to stop bombing Iran.
to
then
pressure
the
US
to
stop
bombing
Iran
Iran has carried out limited retaliatory strikes on US bases in Gulf countries
Iran
has
carried
out
limited
retaliatory
strikes
on
US
bases
in
Gulf
countries
in the past, but nothing on this scale has been seen before.
in
the
past
but
nothing
on
this
scale
has
been
seen
before
And fighting has spread beyond the Gulf countries,
And
fighting
has
spread
beyond
the
Gulf
countries
for example, Israel's military
for
example
Israel's
military
and Hezbollah, the militia that Iran has been supporting for decades,
and
Hezbollah
the
militia
that
Iran
has
been
supporting
for
decades
are fighting in Lebanon and far outside the conflict zone in the Indian Ocean.
are
fighting
in
Lebanon
and
far
outside
the
conflict
zone
in
the
Indian
Ocean
A US submarine torpedoed an Iranian warship, killing at least 80 people.
A
US
submarine
torpedoed
an
Iranian
warship
killing
at
least
80
people
And there's another way Iran has responded to the strikes
And
there's
another
way
Iran
has
responded
to
the
strikes
in this bit of water. This is the Strait of Hormuz.
in
this
bit
of
water
This
is
the
Strait
of
Hormuz
It's what is called a choke point.
It's
what
is
called
a
choke
point
It's a narrow strategic route for global trade that is used 24/7.
It's
a
narrow
strategic
route
for
global
trade
that
is
used
24/7
This bit here is just 39km wide.
This
bit
here
is
just
39km
wide
This shipping route is how we get 20% of the world's oil and gas,
This
shipping
route
is
how
we
get
20
of
the
world's
oil
and
gas
as well as 30% of urea. That helps us make fertilizer to grow food.
as
well
as
30
of
urea
That
helps
us
make
fertilizer
to
grow
food
Iran is using its military to disrupt traffic through the strait,
Iran
is
using
its
military
to
disrupt
traffic
through
the
strait
which is something they've done before. It's a very important trump card.
which
is
something
they've
done
before
It's
a
very
important
trump
card
Shipping companies are no longer going to the Straits of Hormuz
Shipping
companies
are
no
longer
going
to
the
Straits
of
Hormuz
because they're worried their tankers or their ships might get stuck.
because
they're
worried
their
tankers
or
their
ships
might
get
stuck
Gulf countries use this strait to import some food and products
Gulf
countries
use
this
strait
to
import
some
food
and
products
from other parts of Asia, so closing it comes at a price for Iran too.
from
other
parts
of
Asia
so
closing
it
comes
at
a
price
for
Iran
too
This is something the Iranian regime has decided we're just going to have
This
is
something
the
Iranian
regime
has
decided
we're
just
going
to
have
to bear the economic cost of this bear the burden of this,
to
bear
the
economic
cost
of
this
bear
the
burden
of
this
but we're just going to make everybody heard as a consequence of this.
but
we're
just
going
to
make
everybody
heard
as
a
consequence
of
this
And we can see the impact of that already.
And
we
can
see
the
impact
of
that
already
The price of oil has gone up. And you can see from this time lapse
The
price
of
oil
has
gone
up
And
you
can
see
from
this
time
lapse
how the strait was incredibly busy before and now it's not.
how
the
strait
was
incredibly
busy
before
and
now
it's
not
And there's another choke point that could disrupt global trade.
And
there's
another
choke
point
that
could
disrupt
global
trade
It's not in Iran's control, but it's close to one
It's
not
in
Iran's
control
but
it's
close
to
one
of its remaining allies, the Houthis, the militia group based in Yemen.
of
its
remaining
allies
the
Houthis
the
militia
group
based
in
Yemen
Ships crossed the narrow Bab el-Mandeb Strait to go through the Suez Canal
Ships
crossed
the
narrow
Bab
el-Mandeb
Strait
to
go
through
the
Suez
Canal
and up into the Mediterranean Sea.
and
up
into
the
Mediterranean
Sea
The Houthis have attacked ships in this region before.
The
Houthis
have
attacked
ships
in
this
region
before
And the alternative route going around the Cape of Good Hope
And
the
alternative
route
going
around
the
Cape
of
Good
Hope
is longer and a lot more expensive. The Middle East and this region,
is
longer
and
a
lot
more
expensive
The
Middle
East
and
this
region
really it's a key point in the global supply chain.
really
it's
a
key
point
in
the
global
supply
chain
It just depends how long this conflict is going to go on for.
It
just
depends
how
long
this
conflict
is
going
to
go
on
for
You could well see an impact in terms of food security in terms of inflation.
You
could
well
see
an
impact
in
terms
of
food
security
in
terms
of
inflation
So what began with strikes in Iran has had a ripple effect through the region and beyond.
So
what
began
with
strikes
in
Iran
has
had
a
ripple
effect
through
the
region
and
beyond
We're going to see Iran becoming more and more isolated
We're
going
to
see
Iran
becoming
more
and
more
isolated
in a region where it didn't have that many friends to begin with.
in
a
region
where
it
didn't
have
that
many
friends
to
begin
with
Even if the conflict ends tomorrow,
Even
if
the
conflict
ends
tomorrow
it's not going to end the tensions that come with it.
it's
not
going
to
end
the
tensions
that
come
with
it
There's a long road ahead in terms
There's
a
long
road
ahead
in
terms
of finding the stability that works for everyone.
of
finding
the
stability
that
works
for
everyone
What's happening here right now? Iran. Iran. Iran. Iran. Iran.
What's
happening
here
right
now
Iran
Iran
Iran
Iran
Iran
Is having an impact in the Middle East and beyond.
Is
having
an
impact
in
the
Middle
East
and
beyond
Oh my God.
Oh
my
God
To understand why so many countries are affected by the US-Israel war
To
understand
why
so
many
countries
are
affected
by
the
US-Israel
war
with Iran, we need to look at some maps.
with
Iran
we
need
to
look
at
some
maps
The first thing you need to know about Iran is that it's enormous.
The
first
thing
you
need
to
know
about
Iran
is
that
it's
enormous
It's bigger than France, Germany and Spain combined.
It's
bigger
than
France
Germany
and
Spain
combined
And 90 million people live there.
And
90
million
people
live
there
Because it's so big, it links together huge parts of Asia and the Middle East.
Because
it's
so
big
it
links
together
huge
parts
of
Asia
and
the
Middle
East
Iran has always been seen as a kind of gateway to the east
Iran
has
always
been
seen
as
a
kind
of
gateway
to
the
east
and from the east as a gateway to the west.
and
from
the
east
as
a
gateway
to
the
west
In the south is the Persian Gulf, one of the most important waterways
In
the
south
is
the
Persian
Gulf
one
of
the
most
important
waterways
for oil supplies, as well as agricultural trade and general supplies.
for
oil
supplies
as
well
as
agricultural
trade
and
general
supplies
Iran and seven other countries border the Gulf,
Iran
and
seven
other
countries
border
the
Gulf
and the relationships have often been strained.
and
the
relationships
have
often
been
strained
Iran doesn't really have many friends in the neighbourhood.
Iran
doesn't
really
have
many
friends
in
the
neighbourhood
The relationship between Iran and the rest of the Gulf states
The
relationship
between
Iran
and
the
rest
of
the
Gulf
states
has been very tense ever since the revolution started in 1979.
has
been
very
tense
ever
since
the
revolution
started
in
1979
The revolution changed Iran completely.
The
revolution
changed
Iran
completely
The religious leader, Ayatollah Ruhollah Khomeini returned from exile
The
religious
leader
Ayatollah
Ruhollah
Khomeini
returned
from
exile
and established an Islamic republic. It was a turning point,
and
established
an
Islamic
republic
It
was
a
turning
point
and not just for Iran's relationship with its neighbours in the Gulf,
and
not
just
for
Iran's
relationship
with
its
neighbours
in
the
Gulf
but also with the US and its closest ally in the region, Israel.
but
also
with
the
US
and
its
closest
ally
in
the
region
Israel
They became arch-enemies. Iran's leaders
They
became
arch-enemies
Iran's
leaders
have consistently rejected the legitimacy of the state of Israel
have
consistently
rejected
the
legitimacy
of
the
state
of
Israel
and say the US is its greatest enemy.
and
say
the
US
is
its
greatest
enemy
Israel and the US oppose Iran's nuclear programme
Israel
and
the
US
oppose
Iran's
nuclear
programme
because they say Iran has been trying to make a nuclear bomb.
because
they
say
Iran
has
been
trying
to
make
a
nuclear
bomb
The Iranian government has repeatedly said
The
Iranian
government
has
repeatedly
said
its nuclear programme is entirely peaceful
its
nuclear
programme
is
entirely
peaceful
and denies that it is seeking to develop nuclear weapons.
and
denies
that
it
is
seeking
to
develop
nuclear
weapons
So let's look at that map again.
So
let's
look
at
that
map
again
The US has a military presence in all these countries across the Middle East.
The
US
has
a
military
presence
in
all
these
countries
across
the
Middle
East
And here's Israel.
And
here's
Israel
It's only about 1000km from Iran at its closest point.
It's
only
about
1000km
from
Iran
at
its
closest
point
They're all within striking distance of Iran's missiles.
They're
all
within
striking
distance
of
Iran's
missiles
Iran has quite an impressive missile stockpile.
Iran
has
quite
an
impressive
missile
stockpile
They have quite a range of missiles that are able to travel various distances
They
have
quite
a
range
of
missiles
that
are
able
to
travel
various
distances
from a few hundred kilometres to a few thousand kilometres.
from
a
few
hundred
kilometres
to
a
few
thousand
kilometres
It also has quite an impressive drone technology.
It
also
has
quite
an
impressive
drone
technology
They have utilised in recent in the recent conflict.
They
have
utilised
in
recent
in
the
recent
conflict
Iran's defense strategy isn't just missiles and drones.
Iran's
defense
strategy
isn't
just
missiles
and
drones
Since the revolution, Iran has been seeking to export its ideology.
Since
the
revolution
Iran
has
been
seeking
to
export
its
ideology
Through the years, it has expanded its influence in the region
Through
the
years
it
has
expanded
its
influence
in
the
region
by supporting a network of well-armed militias,
by
supporting
a
network
of
well-armed
militias
collectively called the Axis of Resistance.
collectively
called
the
Axis
of
Resistance
Iran has built a forward defense mechanism
Iran
has
built
a
forward
defense
mechanism
by building out these relationships with these groups.
by
building
out
these
relationships
with
these
groups
Over time this included Hamas in Gaza,Hezbollah in Lebanon, the Houthis
Over
time
this
included
Hamas
in
GazaHezbollah
in
Lebanon
the
Houthis
in Yemen, as well as groups in Iraq and the former Syrian regime.
in
Yemen
as
well
as
groups
in
Iraq
and
the
former
Syrian
regime
Always there was always this underlying logic that Israel would not carry out
Always
there
was
always
this
underlying
logic
that
Israel
would
not
carry
out
systematic long term strikes against Iran,
systematic
long
term
strikes
against
Iran
simply because that would trigger Hezbollah and Hezbollah
simply
because
that
would
trigger
Hezbollah
and
Hezbollah
with 100000 rockets, would bear down on Israel.
with
100000
rockets
would
bear
down
on
Israel
But since the war in Gaza, Israel has weakened many of these groups.
But
since
the
war
in
Gaza
Israel
has
weakened
many
of
these
groups
So that's what the relationships in the region looked like
So
that's
what
the
relationships
in
the
region
looked
like
at the beginning of 2026.
at
the
beginning
of
2026
And then this happened. A short time ago.
And
then
this
happened
A
short
time
ago
The United States military began major combat operations in Iran.
The
United
States
military
began
major
combat
operations
in
Iran
Our objective is to defend the American people
Our
objective
is
to
defend
the
American
people
by eliminating imminent threats from the Iranian regime.
by
eliminating
imminent
threats
from
the
Iranian
regime
The US and Israel hit sites across Iran
The
US
and
Israel
hit
sites
across
Iran
and killed the Supreme Leader, Ayatollah Ali Khamenei.
and
killed
the
Supreme
Leader
Ayatollah
Ali
Khamenei
Iranian officials said a US strike also hit a school,
Iranian
officials
said
a
US
strike
also
hit
a
school
killing more than 153 people, including many children.
killing
more
than
153
people
including
many
children
The US military said it was looking into reports of the incident.
The
US
military
said
it
was
looking
into
reports
of
the
incident
Iran called the US Israeli attacks unprovoked, illegal and illegitimate.
Iran
called
the
US
Israeli
attacks
unprovoked
illegal
and
illegitimate
The Secretary-General of the UN condemned the military escalation.
The
Secretary-General
of
the
UN
condemned
the
military
escalation
We are witnessing a grave threat to international peace and security.
We
are
witnessing
a
grave
threat
to
international
peace
and
security
Iran has retaliated by striking Israel and also other countries
Iran
has
retaliated
by
striking
Israel
and
also
other
countries
in the Middle East, where the US has a presence.
in
the
Middle
East
where
the
US
has
a
presence
And it's not just hitting military targets.
And
it's
not
just
hitting
military
targets
Luxury hotels, shopping malls, airports, oil installations
Luxury
hotels
shopping
malls
airports
oil
installations
and apartment buildings have also been damaged.
and
apartment
buildings
have
also
been
damaged
They want to hit the key infrastructure in the Gulf Arab states.
They
want
to
hit
the
key
infrastructure
in
the
Gulf
Arab
states
They want to hurt the potential tourist industry
They
want
to
hurt
the
potential
tourist
industry
that those states are developing,
that
those
states
are
developing
and hurt confidence of investors that are being attracted into the region.
and
hurt
confidence
of
investors
that
are
being
attracted
into
the
region
From a strategic point of view, Iran was probably trying to use this
From
a
strategic
point
of
view
Iran
was
probably
trying
to
use
this
as a way to pressure the Gulf countries
as
a
way
to
pressure
the
Gulf
countries
to then pressure the US to stop bombing Iran.
to
then
pressure
the
US
to
stop
bombing
Iran
Iran has carried out limited retaliatory strikes on US bases in Gulf countries
Iran
has
carried
out
limited
retaliatory
strikes
on
US
bases
in
Gulf
countries
in the past, but nothing on this scale has been seen before.
in
the
past
but
nothing
on
this
scale
has
been
seen
before
And fighting has spread beyond the Gulf countries,
And
fighting
has
spread
beyond
the
Gulf
countries
for example, Israel's military
for
example
Israel's
military
and Hezbollah, the militia that Iran has been supporting for decades,
and
Hezbollah
the
militia
that
Iran
has
been
supporting
for
decades
are fighting in Lebanon and far outside the conflict zone in the Indian Ocean.
are
fighting
in
Lebanon
and
far
outside
the
conflict
zone
in
the
Indian
Ocean
A US submarine torpedoed an Iranian warship, killing at least 80 people.
A
US
submarine
torpedoed
an
Iranian
warship
killing
at
least
80
people
And there's another way Iran has responded to the strikes
And
there's
another
way
Iran
has
responded
to
the
strikes
in this bit of water. This is the Strait of Hormuz.
in
this
bit
of
water
This
is
the
Strait
of
Hormuz
It's what is called a choke point.
It's
what
is
called
a
choke
point
It's a narrow strategic route for global trade that is used 24/7.
It's
a
narrow
strategic
route
for
global
trade
that
is
used
24/7
This bit here is just 39km wide.
This
bit
here
is
just
39km
wide
This shipping route is how we get 20% of the world's oil and gas,
This
shipping
route
is
how
we
get
20
of
the
world's
oil
and
gas
as well as 30% of urea. That helps us make fertilizer to grow food.
as
well
as
30
of
urea
That
helps
us
make
fertilizer
to
grow
food
Iran is using its military to disrupt traffic through the strait,
Iran
is
using
its
military
to
disrupt
traffic
through
the
strait
which is something they've done before. It's a very important trump card.
which
is
something
they've
done
before
It's
a
very
important
trump
card
Shipping companies are no longer going to the Straits of Hormuz
Shipping
companies
are
no
longer
going
to
the
Straits
of
Hormuz
because they're worried their tankers or their ships might get stuck.
because
they're
worried
their
tankers
or
their
ships
might
get
stuck
Gulf countries use this strait to import some food and products
Gulf
countries
use
this
strait
to
import
some
food
and
products
from other parts of Asia, so closing it comes at a price for Iran too.
from
other
parts
of
Asia
so
closing
it
comes
at
a
price
for
Iran
too
This is something the Iranian regime has decided we're just going to have
This
is
something
the
Iranian
regime
has
decided
we're
just
going
to
have
to bear the economic cost of this bear the burden of this,
to
bear
the
economic
cost
of
this
bear
the
burden
of
this
but we're just going to make everybody heard as a consequence of this.
but
we're
just
going
to
make
everybody
heard
as
a
consequence
of
this
And we can see the impact of that already.
And
we
can
see
the
impact
of
that
already
The price of oil has gone up. And you can see from this time lapse
The
price
of
oil
has
gone
up
And
you
can
see
from
this
time
lapse
how the strait was incredibly busy before and now it's not.
how
the
strait
was
incredibly
busy
before
and
now
it's
not
And there's another choke point that could disrupt global trade.
And
there's
another
choke
point
that
could
disrupt
global
trade
It's not in Iran's control, but it's close to one
It's
not
in
Iran's
control
but
it's
close
to
one
of its remaining allies, the Houthis, the militia group based in Yemen.
of
its
remaining
allies
the
Houthis
the
militia
group
based
in
Yemen
Ships crossed the narrow Bab el-Mandeb Strait to go through the Suez Canal
Ships
crossed
the
narrow
Bab
el-Mandeb
Strait
to
go
through
the
Suez
Canal
and up into the Mediterranean Sea.
and
up
into
the
Mediterranean
Sea
The Houthis have attacked ships in this region before.
The
Houthis
have
attacked
ships
in
this
region
before
And the alternative route going around the Cape of Good Hope
And
the
alternative
route
going
around
the
Cape
of
Good
Hope
is longer and a lot more expensive. The Middle East and this region,
is
longer
and
a
lot
more
expensive
The
Middle
East
and
this
region
really it's a key point in the global supply chain.
really
it's
a
key
point
in
the
global
supply
chain
It just depends how long this conflict is going to go on for.
It
just
depends
how
long
this
conflict
is
going
to
go
on
for
You could well see an impact in terms of food security in terms of inflation.
You
could
well
see
an
impact
in
terms
of
food
security
in
terms
of
inflation
So what began with strikes in Iran has had a ripple effect through the region and beyond.
So
what
began
with
strikes
in
Iran
has
had
a
ripple
effect
through
the
region
and
beyond
We're going to see Iran becoming more and more isolated
We're
going
to
see
Iran
becoming
more
and
more
isolated
in a region where it didn't have that many friends to begin with.
in
a
region
where
it
didn't
have
that
many
friends
to
begin
with
Even if the conflict ends tomorrow,
Even
if
the
conflict
ends
tomorrow
it's not going to end the tensions that come with it.
it's
not
going
to
end
the
tensions
that
come
with
it
There's a long road ahead in terms
There's
a
long
road
ahead
in
terms
of finding the stability that works for everyone.
of
finding
the
stability
that
works
for
everyone
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