These are very early days in the Iran war and the impact on share markets is far from clear. But already we can see there is upward pressure on interest rates around the world, there is also a clear risk of an inflation spike due to oil supply.

Will Hamilton of Hamilton Wealth Partners joins Associate Editor, James Kirby in this episode.

In today's show, we cover:

• Why the Iran war will push rates higher
• The bull market for global shares is now under serious pressure
• How AI is especially vulnerable to increased energy prices
• Private credit is a flash point in a volatile market