Oil remains the day’s business story, with Saudi Aramco posting a roughly 25% jump in first-quarter profit as higher crude and fuel prices, driven by Middle East conflict, lifted revenue and underscored how geopolitical risk is reshaping global energy flows. The company’s growing reliance on its East-West pipeline to bypass the vulnerable Strait of Hormuz highlights both its operational resilience and the fragility of regional shipping routes. That fragility was reinforced by fresh drone-related incidents near Qatar and reported airspace incursions in Kuwait and the UAE, unsettling hopes that a ceasefire might quickly stabilize trade. Elsewhere, Australia’s coming federal budget is set to widen the spotlight on capital gains tax, with changes expected to reach beyond property and shares to luxury goods and crypto assets. And in a more personal note drawing wide attention, Savannah Guthrie used Mother’s Day to renew a public plea for help finding her missing mother.