Lowy Institute Lead Economist Roland Rajah and Nonresident Fellow Jenny Gordon discuss the economic implications of the expanding conflict in Iran. They put recent events in context, unpacking how we should understand and address the ongoing geoeconomic shocks. 

More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including Spotify, YouTube and Apple.

Follow the Lowy Institute on our website, X, Instagram or LinkedIn.

Lowy Institute Lead Economist Roland Rajah and Nonresident Fellow Jenny Gordon discuss the economic implications of the expanding conflict in Iran. They put recent events in context, unpacking how we should understand and address the ongoing geoeconomic shocks.&nbsp;
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Welcome to Lowy Institute Conversations – a podcast in which Lowy Institute researchers and some of the world’s leading experts delve into the big issues in international affairs.  

Welcome to Lowy Institute Conversations – a podcast in which Lowy Institute researchers and some of the world’s leading experts delve into the big issues in international affairs.

Lowy Institute Conversations

The Lowy Institute is a leading international think tank that looks at the world from Australia’s perspective.

This channel aggregates audio from across all of our event and podcast channels.

The Lowy Institute is a leading international think tank that looks at the world from Australia’s perspective.
This channel aggregates audio from across all of our event and podcast channels.

Lowy Institute

Welcome to Lowy Institute Conversations — a podcast in which Lowy Institute researchers and some of the world’s leading experts delve into the big issues in international affairs.

Welcome to Lowy Institute Conversations &mdash; a podcast in which Lowy Institute researchers and some of the world&rsquo;s leading experts delve into the big issues in international affairs.

One more in a series of shocks: What the Iran conflict reveals about modern geoeconomics   

Samir Puri, former UK diplomat and author of Westlessness: The Great Global Rebalancing, joins Transnational Challenges Program Director Lydia Khalil to explore the long decline of Western dominance in world affairs. They discuss why the rise of the non-West is about far more than China's challenge to the United States, and how the BRICS bloc is reshaping global networks. They also explore what a more multipolar world means for a country like Australia — Western by heritage, but increasingly embedded in Asia.

More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including Spotify, YouTube and Apple.

Follow the Lowy Institute on our website, X, Instagram or LinkedIn.

Samir Puri, former UK diplomat and author of Westlessness: The Great Global Rebalancing, joins Transnational Challenges Program Director Lydia Khalil to explore the long decline of Western dominance in world affairs. They discuss why the rise of the non-West is about far more than China's challenge to the United States, and how the BRICS bloc is reshaping global networks. They also explore what a more multipolar world means for a country like Australia &mdash; Western by heritage, but increasingly embedded in Asia.
More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fopen.spotify.com%2Fshow%2F1CMTUWiszBFIq3UoIXW7mJ%3Fsi%3D9a8671e772364062%26nd%3D1%26dlsi%3Da2545d11f6f34d6e&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324026127%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=vuuqYi2Ge46zIai6AQv1GEshCFdMvxChf%2Fu8FiOEu8A%3D&amp;reserved=0">Spotify</a>,&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.youtube.com%2Fplaylist%3Flist%3DPL0bvjLds5_8SzwlqtE2U1NjCD3ftO3-QZ&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324051410%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=SNKL4SD1uY8Q%2BE6u5GTyCvbVkKnFC5DpG8c5NQLkFrA%3D&amp;reserved=0">YouTube</a>&nbsp;and&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fpodcasts.apple.com%2Fau%2Fpodcast%2Flowy-institute%2Fid191062366&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324065273%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=kHVnZP0Ul0I70SDl4wRsQqBnybDrUbNB8Wv%2BSm6%2FuOw%3D&amp;reserved=0">Apple</a>.
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 The decline of the West: Samir Puri on “Westlessness” and the new global order

When Iran deterred shipping from the Strait of Hormuz following Operation Epic Fury, it sent shockwaves through global energy markets and exposed uncomfortable truths about Australia's dependence on maritime trade. 
 
Jennifer Parker, a Nonresident Fellow at the Lowy Institute and former Royal Australian Navy warfare officer, joins Research Fellow Charlie Lyons-Jones to explain what a naval blockade means for the crisis. They also unpack Australia’s new National Defence Strategy and discuss why Australia’s surface combatant fleet is the smallest it's been since the 1950s.

This episode was recorded on Wednesday 15 April 2026.

More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including Spotify, YouTube and Apple.

Follow the Lowy Institute on our website, X, Instagram or LinkedIn.

When Iran deterred shipping from the Strait of Hormuz following Operation Epic Fury, it sent shockwaves through global energy markets and exposed uncomfortable truths about Australia's dependence on maritime trade.&nbsp; &nbsp; Jennifer Parker, a Nonresident Fellow at the Lowy Institute and former Royal Australian Navy warfare officer, joins Research Fellow Charlie Lyons-Jones to explain what a naval blockade means for the crisis. They also unpack Australia&rsquo;s new National Defence Strategy and discuss why Australia&rsquo;s surface combatant fleet is the smallest it's been since the 1950s.
This episode was recorded on Wednesday 15 April 2026.
More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fopen.spotify.com%2Fshow%2F1CMTUWiszBFIq3UoIXW7mJ%3Fsi%3D9a8671e772364062%26nd%3D1%26dlsi%3Da2545d11f6f34d6e&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324026127%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=vuuqYi2Ge46zIai6AQv1GEshCFdMvxChf%2Fu8FiOEu8A%3D&amp;reserved=0">Spotify</a>,&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.youtube.com%2Fplaylist%3Flist%3DPL0bvjLds5_8SzwlqtE2U1NjCD3ftO3-QZ&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324051410%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=SNKL4SD1uY8Q%2BE6u5GTyCvbVkKnFC5DpG8c5NQLkFrA%3D&amp;reserved=0">YouTube</a>&nbsp;and&nbsp;<a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fpodcasts.apple.com%2Fau%2Fpodcast%2Flowy-institute%2Fid191062366&amp;data=05%7C02%7CCCaldwell%40lowyinstitute.org%7Cdf2253bf2a8645900fec08de6375004f%7C1fb32338ad1940db98fdc701f150c316%7C0%7C0%7C639057551324065273%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=kHVnZP0Ul0I70SDl4wRsQqBnybDrUbNB8Wv%2BSm6%2FuOw%3D&amp;reserved=0">Apple</a>.
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Strait of Hormuz crisis: Iran, shipping, and Australia's strategy

Geopolitical strategist Parag Khanna joins the Lowy Institute's Sam Roggeveen to make sense of a world in flux.

In a wide-ranging conversation recorded on the day President Trump declared the Iran war nearly over, the pair discuss what the conflict reveals about multipolarity, why Mark Carney's Davos speech resonated more than expected, and why every attempt to unwind globalisation ends up deepening it.

More episodes of the Lowy Institute's podcasts are available on your favourite podcast apps, including Spotify, YouTube and Apple.

Follow the Lowy Institute on our website, X, Instagram or LinkedIn.

Geopolitical strategist Parag Khanna joins the Lowy Institute's Sam Roggeveen to make sense of a world in flux.
In a wide-ranging conversation recorded on the day President Trump declared the Iran war nearly over, the pair discuss what the conflict reveals about multipolarity, why Mark Carney's Davos speech resonated more than expected, and why every attempt to unwind globalisation ends up deepening it.
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One more in a series of shocks: What the Iran conflict reveals about modern geoeconomics

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