What do you take away from the market dynamics and how they've been trading. The violence in the Middle East over the last 24 hours or so. Because, yes, we've seen a bit of a pick up in oil prices, but a lot of that was unwound as we've been through the last few hours.And I wonder what that tells us about the market's response function. Yet beyond the humanitarian tragedy of the fact that we've got a war going on, from a markets point of view, this is very much an inflationary impulse rather than a risk off ...