What you need to know about the Strait of Hormuz

The importance of this Gulf waterway and how disruption to shipping there affects us all. Rocky Weitz is director of The Fletcher School at Tufts University’s Maritime Studies Programme, and tells us why the Strait is so significant for international shipping and trade. Energy analyst Cornelia Meyer explains the likely impact of rising tensions on the price of energy. And David Balston, director of policy at the UK Chamber of Shipping, discusses how the global shipping industry will be affected. Also in the programme, Kenya's finance minister Henry Rotich has surrendered to police after the country's chief prosecutor issued an arrest warrant over allegations of corruption. The BBC's Maya Hayakawa explains the background. Plus as the holiday season arrives in the northern hemisphere, our regular workplace commentator Peter Morgan reflects on the place of annual leave and our work life balance.

(Picture: The Stena Impero tanker. Picture credit: Reuters.)