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Indian Prime Minister Narendra Modi has appealed to citizens to conserve fuel and avoid unnecessary travel due to rising oil prices from the Iran war. Bloomberg's Ruchi Bhatia reports.

ACDC Metals (ASX:ADC) commenced field operations at its newly acquired Mount Jackson Gold-Silver Project.

Pursuit Minerals (ASX:PUR) commenced fieldwork at the Sascha Marcelina Gold-Silver Project in Argentina.

Rio Tinto (ASX:RIO) and the Yindjibarndi Energy Corporation have formalised a 30-year power purchase agreement for the Jinbi Solar Project.

Ainsworth Game Technology (ASX:AGI) announced the appointment of Ryan Comstock as the company’s CEO, effective immediately.

Indian Prime Minister Modi appealed to citizens to cut fuel use and said measures from the Covid pandemic such as working from home and online meetings should be used.

Variscan Mines (ASX:VAR) secured $5 million through a two-tranche share placement to institutional and sophisticated investors.

The Australian Takeovers Panel has declined to grant an interim order requested by Atlas Arteria (ASX:ALX).

FMR Resources (ASX:FMR) announced the acquisition of the La Lorena Project.

Humm Group (ASX:HUM) has reached an agreement with activist shareholders to overhaul its leadership, headlined by the immediate resignation of founder Andrew Abercrombie.

BCAL Diagnostics (ASX:BDX), an Australian healthcare innovator specialising in early-stage cancer detection, appointed Anne-Louise Arnett as its CEO.

President Donald Trump and Iran have rejected each other's latest peace proposals to end the conflict. Meanwhile, Trump is expected to press Chinese leader Xi Jinping over China's approach to Iran when they meet in Beijing. Bloomberg's Tony Czuczka and Stephen Engle break down the situation.