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Australian energy junior AXP Energy (ASX:AXP) has secured a major strategic foothold in the re-emerging Syrian petroleum sector.

Robert Pape, University of Chicago's political science professor, says Iran's leverage isn't going to "disappear" because of the deal. He also said the lack of details from both sides added uncertainty. He speaks with David Ingles and Yvonne Man on Bloomberg's The China Show.

Sigma Healthcare (ASX:SIG) has walked away from preliminary discussions to acquire UK health and beauty retailer Boots.

Power Minerals (ASX:PNN) commenced its maiden diamond drilling campaign at the Morro do Ferro Rare Earths Project.

Woodside Energy (ASX:WDS) denied being in takeover talks with US oil giant ExxonMobil Corporation.

Eureka Group (ASX:EGH) has upgraded its financial outlook in a trading update for the financial year ending June 30.

Ben Cahill, non-resident senior associate for the Energy Security and Climate Change Program at CSIS, says even though the US and Iran were able to come to an agreement to halt the ongoing war and reopen the strait of Hormuz, energy markets "are not quite out of the woods yet", and there is still room for prices to run up even after the MOU is signed. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".

Electro Optic Systems (ASX:EOS) is set to launch its newly combined EOS and MARSS business this week.

William Roebuck, Former US Ambassador to Bahrian and Executive Vice President at Arab Gulf States Institute, discusses his outlook for the agreement between US and Iran to halt the war. He says the conflict is "moving into a new stage" and that is towards a "diplomatic track". He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".

Qian Wang, Chief APAC Economist at Vanguard Group, discusses the US and Iran agreement to a deal that will halt war and says while there is still significant uncertainty around how sustainable the current deal is, it could boost the outlook for the global economy. She speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".

UK retail firm Frasers Group escalated its international expansion strategy by launching a takeover bid for Australian footwear retailer Accent Group (ASX:AX1).

Transurban Group (ASX:TCL) has completed its M7-M12 Integration Project in New South Wales.