Steve Daghlian

So this is certainly a sign of potentially some escalation.

So all prices have jumped by as much as 7% today, $126 per barrel as well.

And of course, we still have the blockade of the Strait of Wimbledon continuing.

So not much has improved on that front.

And with that standoff continuing, the supply effects on oil and LNG, inputs into fertiliser, copper and other products just continues.

Yeah, the ASX is the best performer today.

The market operator is up 5.1%.

It announced the appointment of Darren Yip as the interim chief executive effective the 29th of May, so in a month's time.

And this follows its announcement in Feb that the managing director and CEO, Helen Lofthouse, was departing the group.

So it must be a nice feeling when the stock is the best performer on the market when you get announced as the big boss.

So it certainly has been one of the big movers on markets for a number of years now.

And I will just mention WiseTech as well.

The sixth best performer on the market today, 3.5% higher, seems to be in response to a broker note, which highlighted that the sell-off in the tech sector might perhaps be overdone.

We mentioned it is one of the worst performers of the year so far.

And remember that WiseTech shares are still down about 40% over the past six months or so.

And one of the weights, I guess, on some of these software as a service companies is the threat of AI on creating more competition.

Absolutely.

I think that wraps it up.

Have a great evening, everyone.

Make sure to tune in to our morning podcast with Gil and also James.