The effective closure of the Strait of Hormuz—a slim waterway between Oman and Iran through which a large proportion of global oil and gas supply flows—has consequences for much of the world. The fall-out will not be felt evenly. Russia has a lot to gain from the escalating conflict. Zanny Minton Beddoes is joined by a panel of our journalists to unpack the impact and assess the economic damage.
00:00 – How Russia is benefiting from the war
02:24 – What does the conflict mean for the Gulf?
04:38 – Why China will be watching the war closely