play Live Sign upShow navigation menuplay Live Click here to searchsearchSign upplay videoplay videoVideo Duration 28 minutes 19 seconds play-arrow28:19Inside StoryWhy does Iran war pose more dilemmas for Europe?Europe faces stiff competition with Asia for energy supplies as Russia profits.
Europe is under pressure as the conflict in the Middle East continues, now competing with Asia for scarcer oil and gas supplies.
Rocketing prices benefit Russia and weaken sanctions imposed for the war in Ukraine, with Europe wary of antagonising US President Donald Trump.
Guests: Steven Erlanger – Chief diplomatic correspondent for Europe at The New York Times
Chris Weafer – CEO of Macro-Advisory, a strategic consultancy focused on Russia and Eurasia
Alan Tonelson – Economist and founder of the RealityChek blog
