Views from Down Underer
Views from Down Underer
Institute for Indo-Pacific Affairs
Ep. 93: Continuing US-Israel conflict with Iran, closing of Strait of Hormuz
1 hour 6 minutes Posted Mar 23, 2026 at 3:23 am.
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The US-Israeli conflict with Iran has intensified.  Iran has hit back at Gulf states and Israel.  Iran has also closed the Strait of Hormuz where 20% of petroleum is transported.  Stock markets have been volatile, oil prices have increased substantially, fertilizer prices have shot up.  Is there an off-ramp?  Will the global economy be resilient enough to sustain this market volatility?