Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
Apple is arriving at a party Samsung has mostly had to itself. And the South Korean firm didn't wait long to needle its biggest rival.
Hours after Apple unveiled the biggest shake-up to its iPhone release cadence in seven years — including its first foldable phone — Samsung rolled out a campaign aimed squarely at iPhone loyalists.
Elsewhere, markets have bigger things on their mind than phone shapes. U.S. crude surged as traders quietly gave up on a quick end to the Iran war.
U.S. crude climbed back above $100 a barrel this week, its highest level in more than three months, as the war between the U.S. and Iran ground on and fresh strikes hit tankers and infrastructure in the region.