Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today

Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open.

Markets are soaring even as $58 billion in energy assets lie in ruins. But booming indexes don’t erase the impact of the war, with the World Bank warning that conflict-related disruptions could last for months.

Enjoy!

“Wars begin when you will, but they do not end when you please,” wrote Renaissance political philosopher Niccolò Machiavelli.