Uploaded April 2026 | Updated September 2026, 2 weeks ago
The world may be edging closer to a global recession as the US-Israeli war on Iran sends shockwaves through the global economy.
Major institutions, including the IMF warn the conflict is already driving higher inflation and slowing growth worldwide.
At the centre of the crisis is the Strait of Hormuz, a vital route now effectively disrupted, cutting off a significant share of global energy supply and pushing oil prices towards or even beyond $150 a barrel.
Markets are rattled, trade routes are under strain and fears of prolonged economic damage are rising.
Finland’s President, Alexander Stubb warns this could trigger a ‘self-inflicting global recession’ worse than COVID-19 pandemic.
So how close are we to a full-blown recession and will this conflict tip the global economy over the edge?
Joining Enda Brady for this discussion:
Chris Weafer
Founding Partner of Macro-Advisory
Ann Pettifor
British Economist and Director of Policy Research in Macroeconomics
Matthew Agarwala
Economist and Bennett Chair of Sustainable Finance, Bennett Institute, University of Sussex.
Greg Swenson
Chairperson Republicans Overseas UK
#iranwar #recession #straitofhormuz #trump #globaleconomics
Roundtable is a discussion programme with an edge. Broadcast out of London and presented by Enda Brady, it's about bringing people to the table, listening to every opinion, and analysing every point of view. From fierce debate to reflective thinking, Roundtable discussions offer a different perspective on the issues that matter to you.
The world may be edging closer to a global recession as the US-Israeli war on Iran sends shockwaves through the global economy.
Major institutions, including the IMF warn the conflict is already driving higher inflation and slowing growth worldwide.
At the centre of the crisis is the Strait of Hormuz, a vital route now effectively disrupted, cutting off a significant share of global energy supply and pushing oil prices towards or even beyond $150 a barrel.
Markets are rattled, trade routes are under strain and fears of prolonged economic damage are rising.
Finland’s President, Alexander Stubb warns this could trigger a ‘self-inflicting global recession’ worse than COVID-19 pandemic.
So how close are we to a full-blown recession and will this conflict tip the global economy over the edge?
Joining Enda Brady for this discussion:
Chris Weafer
Founding Partner of Macro-Advisory
Ann Pettifor
British Economist and Director of Policy Research in Macroeconomics
Matthew Agarwala
Economist and Bennett Chair of Sustainable Finance, Bennett Institute, University of Sussex.
Greg Swenson
Chairperson Republicans Overseas UK
#iranwar #recession #straitofhormuz #trump #globaleconomics
Roundtable is a discussion programme with an edge. Broadcast out of London and presented by Enda Brady, it's about bringing people to the table, listening to every opinion, and analysing every point of view. From fierce debate to reflective thinking, Roundtable discussions offer a different perspective on the issues that matter to you.
