Europe and Japan offer to secure Strait of Hormuz

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. ASX down 2.2pc for week

2. Fuel prices hit Coles

3. Cyclone Narelle crosses Cape York

4. Smiggle sales drop

5. Europe, Japan to help clear Strait of Hormuz

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