# 256. Will Trump’s war on Iran sink markets and the global economy?

An episode of [The Rest Is Money](https://invisiblenetwork.ai/podcast/1703785141), 2 Mar 2026, 37 min.

Audio: https://pdst.fm/e/traffic.megaphone.fm/GLT2870368600.mp3?updated=1776358357

What are the consequences for oil and gas prices of Iran’s retaliation? Will the primary impact be higher inflation or lower growth, and what does this mean for interest rates? And are we heading for a stock market crash? Robert and Steph also explain why the war is a nightmare for Rachel Reeves as she prepares tomorrow’s spring statement and for Starmer’s hopes of reducing the cost of living The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer. Email: therestismoney@goalhanger.com X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney Advertise with us: Partnerships@goalhanger.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

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