Energy shock: How the war on Iran is reshaping global power

The war on Iran was expected to showcase military might, but it quickly turned into a battle over energy. With oil and gas flows disrupted, the crisis is rippling across the globe, hitting economies and households from Asia to the US. Why does the world remain so vulnerable to energy shocks? Could this accelerate the shift away from fossil fuels or deepen dependence? And how might the conflict reshape the balance of power in favour of China? Arnold Gay speaks to Roland Lim and Toni Waterman about how the war will impact economies, geopolitics and the search for energy security. See omnystudio.com/listener for privacy information.