Caroline Hepker

The chairman and CEO of Chubb, Evan Greenberg, told Fox News that questions still remain over the status of the world's most important shipping chokepoint.

Chubbs, Evan Greenberg there speaking yesterday.

US Central Command said on Saturday that 17 million barrels had passed through Hormuz despite the reports in Iran's media that the strait was closed.

Yeah, wow, extraordinary story, Stephen.

We're expecting 38 to 39 degrees in a lot of England, this extreme heat being felt everywhere.

Right, lastly, wealth managers may soon find that clients with a mere million dollars are no longer worth spending human hours on.

This is analysis from McKinsey that says that individuals with liquid assets between about $100,000 and a million dollars, so they're often dubbed mass affluent,

could be handed over to AI because it can give close to private banking quality interactions.

Financial professionals, meanwhile, will need to prioritise spending quality time with their richest clients.

Comes as Citigroup plans to recruit hundreds of humans for its private banking and wealth management business.

Other banks are opting, though, for AI platforms as even high-value clients increasingly are engaging with bots.

Right, so those are our top stories for you today looking at the markets.

Oil prices this morning on that.

Optimism around a framework around progress in talks between the US and Iran that has led to a further decline.

Brent crude at $79.05 is down by 1.9%.

Asia tech stocks are rallying.

MSCI Asia Pacific Index is up by a tenth of 1%.

You see gains for the Nikkei 225 at 1.9% and the Kospi up four tenths this morning.

Treasuries have dropped.

Cash trading is back after the US holiday on Friday.