Australian Shares Set for Lower Open Amid Middle East Tensions

Middle East US-Iran hostilities oil prices

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Australian shares are expected to open lower due to escalating Middle East hostilities.
US strikes against Iran and the revocation of sanctions relief have caused oil prices to surge, impacting global markets.
Wall Street also closed in the red.

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Australian shares are expected to open lower due to escalating Middle East hostilities. US strikes against Iran and the revocation of sanctions relief have caused oil prices to surge, impacting global markets. Wall Street also closed in the red.

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