The Australian share market ended Monday virtually flat as investors navigated conflicting reports about the Strait of Hormuz and broader geopolitical tensions. Energy stocks rallied on higher oil prices, while financials provided support. Gold miners faced headwinds as inflation concerns resurfaced. With the US inflation data and earnings season looming, market participants remained cautious and volumes stayed light during the school holiday period.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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