The US and Israel are striking Iran for a third day, with Iran launching renewed attacks against US allies in the Middle East. There is concern the war could have a huge impact on the global economy. Economics and data editor Ed Conway says "what's happening right now in Iran and in the Gulf is a massive story - with geopolitical consequences, military consequences." "I suspect we are going to be talking about this for months - maybe years," he added. #skynews #iran #middleeast #worldnews #unitedstates SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Listen to our new podcast This is Why, available for free here: https://podfollow.com/thisiswhy To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales