Shashank Joshi, our defence editor, asks how long the escalation in Iran can last

Donald Trump calls on Iranians to rise up. War could quickly engulf the Middle East

Prices will surge in the short run—and may stay high for a while

America wagers on collapse; the regime on endurance

Also on the daily podcast: Why America gambled and what happens next

Shashank Joshi, our defence editor, asks how long the escalation in Iran can last

How far could each side escalate?

A handpicked article read aloud from the latest issue of The Economist

Can the emirate keep people and investors coming?

A longer war means a harsher global economic fallout

But even when assassinations come off, the long-term consequences are unclear

Even if, at the political level, its direction is a mess

Even if, at the political level, its direction is a mess

Also on the daily podcast: France’s nuclear build-up and MAGA brands flop

Our podcast on markets, the economy and business. This week, the situation long feared by oil-watchers has become a reality