Hi everyone, welcome back to the insider.
I'm Zanny Minton Beddoes, the Economist editor in chief.
The war in Iran is in its second week.
The Strait of Hormuz has been effectively shut, blocking roughly 15% of the global oil supply.
Iran has attacked ships and energy infrastructure across the Gulf.
Qatar's main liquefied natural gas facility is closed, taking out some 20% of global energy supply.
The impact in short has been profound and the economic implications will be felt far beyond the region.
To discuss with me what I think could well be the most significant economic shock
of our lifetime, but in many years,
is Ed Carr, deputy editor as always, very nice to see you Ed.
Hi Zanny.
Shashank Joshi, our defense editor, very nice to see you.
Afternoon.
And joining us for the first time is Josh Roberts, our capital markets editor,
who's looking surprisingly upbeat for this deeply gloomy moment, nice to see you.
Hi Zanny.
And down the line from Riyadh is Greg Carlstrom, our Middle East correspondent.
Um, Greg, I think you've been on this show pretty much every week
for the last few weeks, thank you.
Nice to see you again.