This is the Fear & Greed [https://fearandgreed.com.au/] Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.

 1. ASX slips

 2. Trump order Hormuz blockade

 3. Companies announce downgrades

 4. IKEA cuts returns policy

 5. Hungary election shock

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Afternoon Report | Oil jumps on Hormuz blockade

Fear and Greed is Australia's most popular business podcast. All the business news you need to know, every day, with business journalist Sean Aylmer and Michael Thompson.

 