Why has the price of oil hit a four year high and what does it mean for inflation? | BBC Newscast

The Iran war has pushed oil prices above $100 a barrel for the first time since Russia’s invasion of Ukraine in 2022. James and Alex are joined by Dharshini David, deputy economics editor, and Katya Adler, Europe editor and Brexitcast veteran, to discuss what the war means for the global economy and how the surging oil price might lead to higher inflation. Katya’s new series ‘Europe on the Edge’ is available to watch on BBC iPlayer now. Meanwhile, in Iran Mojtaba Khamenei, son of the previous supreme leader Ali Khamenei, has been named as his successor. Siavash Ardalan, senior reporter for BBC World and BBC Persian, joins James and Alex for a profile of the man now in charge of the Islamic Republic. Subscribe here: http://bit.ly/1rbfUog For more news, analysis and features visit: www.bbc.com/news #BBCNews