Ian Verrender

And, you know, there's the petrol price.

There's the prospect of much higher inflation in the States, just as here.

And, of course, the cost of money.

Interest rates are going to have to rise in America, and that's already happening on U.S.

money markets.

Look, if it wasn't so serious and if there wasn't such a loss of life and disruption to global politics, it would seem like a farcical comedy, really, wouldn't it?

Well, I mean, where does it go from here?

What is the off-ramp?

I can't see one unless he just backs out and tells the world that America won, America and Israel won.

That's perhaps the only way that this can be resolved.

Well, you've got this situation where the US president is claiming total and utter victory militarily, and yet the Straits of Hormuz are closed.

So 20% plus of the world's oil and gas supplies are locked up in the Persian Gulf.

and can't get out without Iran's permission.

And yet the president insists that he's won the war.

And if they don't capitulate immediately, then he will obliterate them.

And whether it's infrastructure, whether it's, I can't see that there's any more military to knock out, but apparently there is.

So, I mean, it's just a ridiculous kind of situation that continues to escalate.

And we see

Deadline after deadline just increasing.

Now, this deadline actually runs out on Easter Monday.