<p>It’s been less than a week since the war in Iran began but it’s already having an economic impact here.</p><p>Oil and gas prices are rising and that has the Reserve Bank worried about inflation and analysts warn that could mean more interest rate hikes. </p><p>Today, chief business correspondent Ian Verrender on why we’re so economically vulnerable to a conflict so far away and what we can expect in the weeks ahead.  </p><p>Featured: </p><p>Ian Verrender, ABC chief business correspondent</p>