# NOW Ep123: Middle East conflict | Counting the cost of disruption

Page: https://stenobird.com/podcast/investec-focus-radio-sa-680399/now-ep123-middle-east-conflict-counting-the-cost-of-disruption
Text version: https://stenobird.com/podcast/investec-focus-radio-sa-680399/now-ep123-middle-east-conflict-counting-the-cost-of-disruption.md
Podcast: [Investec Focus Radio SA](https://stenobird.com/podcast/investec-focus-radio-sa-680399)
Published: 2026-03-17T17:19:00+00:00
Episode link: https://iono.fm/e/1656582
Audio file: https://dts.podtrac.com/redirect.m4a/dl.iono.fm/epi/prov_374/epi_1656582_medium.m4a?p=rss
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JSON: https://stenobird.com/v1/public/podcasts/investec-focus-radio-sa-680399/episodes/now-ep123-middle-east-conflict-counting-the-cost-of-disruption
Duration seconds: 1397

## Resource

Markets are sending a surprisingly calm signal in the face of escalating conflict in the Middle East. Oil prices are rising, supply chains are under pressure, and recession risks are quietly ticking higher, yet equities remain relatively steady. In the latest episode of No Ordinary Wednesday, Jeremy Maggs is joined by Investec experts in SA and the UK - Callum Macpherson, Phil Shaw and Chris Holdsworth - to unpack what’s really at play. The conversation explores what could happen if the conflict continues, what key indicators markets are watching and what risks to the global economy are already emerging. Read more on www.investec.com/now Investec Focus Radio SA

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## Transcript

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