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BackAustralian Shares Set to Open Lower Amid Mixed Wall St, Surging Oil Prices
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ABC Top Stories23h agoBusiness1 min readAustralia

Australian Shares Set to Open Lower Amid Mixed Wall St, Surging Oil Prices

Quick Look

  • The Australian share market is expected to open lower following a mixed performance on Wall Street.
  • Meanwhile, oil prices are surging after US President Donald Trump declared a ceasefire with Iran over and initiated new strikes.

AI-generated summary

Why It Matters

The Australian share market is poised for a lower opening, influenced by mixed Wall Street results. Concurrently, oil prices are experiencing a significant increase.

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The Australian share market is set to open lower in morning trading, following a mixed result on Wall St.

Meanwhile, the price of oil is surging, as US President Donald Trump declared the ceasefire with Iran was over, and launched another wave of strikes on the country.

Follow the day's financial news and insights from our specialist business reporters on our live blog.

Disclaimer: this blog is not intended as investment advice.

Open Questions

  • What is the extent of the new US strikes on Iran?
  • What will be the immediate market reaction beyond oil?

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This article was originally published by ABC Top Stories.

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