Aussie Shares Plunge as Iran War Fuels Oil Price Surge

ASX slumps $90bn in oil price surge

Australia’s sharemarket tanked during Monday’s trading and oil prices soared as investors fear a prolonged US-Iran conflict.

'Fear is stalking markets': ASX plunges amid Iran war

The ASX200 has dropped almost three per cent, wiping out all its gains for the year amid the...

Oil Prices Skyrocket Amid Intensifying Iran Conflict

Read more about Oil Prices Skyrocket Amid Intensifying Iran Conflict on Devdiscourse.

Aussie shares plunge as Iran war fuels oil price surge

The ASX200 has dropped more than four per cent in morning trade, wiping out all its gains for the year amid the spiralling war in Iran.

Iran War: Oil Suffers Biggest One-day Gain In Six Years As Stocks Plunge

It comes as investor uncertainty surrounding the war in Iran deepens, with fears growing of a prolonged conflict across the Middle East. Stock markets across Asia also fell early on Monday – with South Korea’s KOSPI index plunging by more than 6%. The sudden drop meant an emergency circuit breaker was activated that halted trading for 20 minutes. Iran war latest: New supreme leader is named Futures tracking indices in Europe and the US have also…

Oil Futures Surge Past $115 amid Escalating Iran Conflict

Global oil markets are bracing for turbulent openings after crude futures surged sharply on Sunday amid escalating conflict in Iran, supply disruptions, and production cuts from several Gulf producers.