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Treasurer Jim Chalmers announced a comprehensive relief package for small businesses as the Australian economy grapples with the fallout from the escalating conflict in the Middle East.

Lachlan Star (ASX:LSA) secured firm commitments to raise $7.5 million (before costs) through a strategic share placement.

Financial services firm Count (ASX:CUP) finalised a $35.9 million fully underwritten institutional placement.

Robert Pape, Professor of Political Science at the University of Chicago, says that movements of military assets provide a clearer picture of Trump's intentions in the Iran war than shifting public statements of intent.

Macquarie University Lecturer Mariam Farida says she sees Iran being able to claim the 'narrative war' quite successfully. She speaks with Haslinda Amin on "Insight with Haslinda Amin."

UBS Global Wealth Management CIO Dominic Schnider tells Bloomberg TV that markets may be complacent in pricing in the risk of a prolonged conflict involving Iran and its impact on global energy security.

AGL Energy (ASX:AGL) announced a final investment decision for the $490 million Kwinana Gas Power Generation 2 Project.

Lumos Diagnostics (ASX:LDX) announced its largest purchase order to date for its flagship FebriDx rapid point-of-care test.

Red Sky Energy (ASX:ROG) executed a binding authority for expenditure with joint venture partner Santos (ASX:STO).

Galan Lithium (ASX:GLN) completed the Phase 1 construction at its flagship Hombre Muerto West Project in Argentina.

Buru Energy (ASX:BRU) announced the resignation of its CEO, Thomas Nador, effective May 8.

GoldArc Resources (ASX:GA8) has expanded its footprint in the Kookynie Goldfields of Western Australia.