[Deloitte: Analysis of the consequences of the Iran war shows Australia may be hit hard] Calculations and analyzes are currently underway on what impact the continuation of the Middle East conflict may have on Australia's fuel prices and economic growth. David Lembens, a partner at Deloitte Economics, said the worst-case scenario would hit Australia hard - with a prolonged conflict sending oil prices soaring to $175 a barrel and inflation reaching 7.5 per cent by the end of the year. The end result will be Australia's unemployment rate reaching 6.8% and GDP growth falling by 2.8%. Notably, none of the scenarios presented show the unemployment rate falling below 5.0%.

[Analyst: Oil prices may still be affected by news reports in the short term] Priyanka Sasheva, senior market analyst at Philip Nova, said in a research report that oil prices may still be affected by news events in the short term. The oil market has returned to focusing on geopolitical issues, with oil prices once again breaking through the psychologically important $100 per barrel mark. Previously, ceasefire talks failed to reach a lasting agreement, prompting the United States to announce maritime restrictions on ships entering and leaving Iranian ports. The market reaction highlights a simple but powerful fact: the risk in the Strait of Hormuz is not theoretical, it is structural, and it is real.

U.S. Democratic Senator Mark Kelly posted a post condemning Trump's public attack on the Pope, calling Trump's actions "abhorrent."

Slovak Prime Minister Fizo: It is still the government’s goal to work with Hungary to protect energy interests.

Slovak Prime Minister Fizo: He is willing to cooperate closely with the new Hungarian Prime Minister and congratulates him on the election results.

Royal Bank of Canada: Lowered its price target for General Motors (GM.N) to $96 from $107.