How War and Rising Energy Prices Affect the Global Economy with Steve Jermy

Welcome to this week's episode of the Money and Investing Show with Andrew Baxter and special guest Steve Jermy, retired Royal Navy Commodore and energy specialist.

War and rising energy prices can affect everything from your weekly shopping bill to the outlook for your investments. But how do decisions made on the battlefield translate into financial pressure for households, businesses and governments?

Drawing on his military and offshore energy experience, Steve joins Andrew to examine the connection between global conflict, energy supplies and economic growth. He shares his perspective on the conflicts involving Russia, Ukraine and Iran, and their potential economic consequences.

The conversation looks at how disrupted oil supplies, sanctions and shipping constraints can push up costs across transport, food production and manufacturing. Steve also explains why he believes the cost of living crisis is closely tied to energy, and why restoring supply chains takes time even after disruptions ease.

For investors, understanding war and rising energy prices means looking beyond daily market headlines. Andrew and Steve discuss the pressures facing European economies, the risks of weaker growth and the importance of recognising how energy supports business activity.

Tune in for a discussion that connects geopolitical decisions with the economic conditions affecting your money.

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