Since the US-Israel war on Iran broke out three months ago, the price of oil has jumped at least fifty percent, causing economic pain around the world. The war has come at a time when many countries were already considering the value of their economic ties with the United States. Ongoing conflict is also putting pressure on budgets, with money being funnelled into defence rather than social measures. So how is this colliding of geo-politics and economics going to play out globally and here in Australia? Satyajit Das says we are heading into an uncertain world. 

• Guest: Satyajit Das, global financial analyst
• Producer: Catherine Zengerer