Mojtaba Khamenei has been appointed to succeed his father as Supreme Leader of Iran. What now? Former UK Defence Secretary Sir Ben Wallace, who spent eight years as Chairman of the British–Iran Parliamentary Group, views this as a doubling down on defiance. Former MI6 Chief Sir Richard Dearlove and international journalist Rosanna Lockwood break down the rationale behind why the IRGC is vested in maintaining the status quo, the growing rift between the United States’s strategy and Gulf States Allies, and whether or not the United States and Israel have a viable endgame.Plus: Already at $100 per barrel, how high will the price of oil climb? What impact will the conflict in Iran have on European security and economies? Are Russia and China giving Iran an intelligence edge?

In this episode:

01:10 Succession in Tehran

02:56 The IRGC as a Business Cartel

04:10 The Gulf States’ Perspective

06:55 UAE Business Backlash

10:26 Insurance and War Risk Shock

14:10 Shahi Drones and Escalation Risks

17:51 EU and UK Economic Hit

19:33 UK Politics and Social Tensions

21:38 One Decision to Watch

Hosted by Sir Richard Dearlove (former MI6 Chief), Sir Ben Wallace (former UK Defence Secretary) and guest co-host Rosanna Lockwood (International Journalist)

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