Oil or nothing: global markets in chaos

With the war in Iran intensifying, markets continue to swing wildly. This week saw $90 billion wiped off the ASX as oil prices jumped. While the market has since rebounded, investors are left guessing whether US president Donald Trump will hold firm or blink.Meanwhile, Capital Brief and the Tech Council of Australia co-hosted an event at Parliament House on digital regulation. Assistant productivity minister Andrew Leigh delivered a keynote on the government's plan to boost innovation.We discuss:ASX sell off and market swingsThe TACO tendencyRBA rates decision and corporate response amid conflict in the Middle EastAustralia's exposure to the Strait of HormuzLabor's balancing act ahead of the budgetCapital Brief's event with the Tech Council of AustraliaDr. Andrew Leigh's argument on the role of policy in tech innovationAtlassian layoffsOn The Call is a weekly live conversation with the Capital Brief newsroom on the stories driving the agenda in Australia's centres of power.Host Harshdeep Kaur sits down with Capital Brief's journalists to dissect what we're watching and why it matters, and answer questions from our subscribers live.Subscribe to join our weekly live discussions on Thursdays at 12pm AEDT: https://www.capitalbrief.com/on-the-call/Sign up to our free weekday newsletter, The Edition: https://www.capitalbrief.com/newsletters/the-edition/