This is the Fear & Greed 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. Oil prices surge, ASX flat

2. Genesis, Vault agree to $12.6b merger

3. Corporate Travel in UK govt talks

4. KIIS continues post-Kyle & Jackie slide

5. US to impose 20pc Hormuz toll

Join our free daily newsletter here.

Support the show: http://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.