Why Iran matters to oil markets

Global energy markets are bracing for a major shock after joint strikes by the United States and Israel on Iran, with fears that escalation could disrupt oil flows from a region that supplies about 20% of the world’s crude. While there has been no confirmed damage to infrastructure or shipping so far, uncertainty alone is pushing prices higher. To talk about what we're seeing and what we might see Brent speaks with Heather Exner-Pirot, Senior Fellow and Director of Energy, Natural Resources and Environment at the Macdonald-Laurier Institute in Ottawa.