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Iran Strikes Rattle ASX, Oil Prices

US military strikes on Iranian targets have sent oil prices surging and dragged the ASX lower, as traders brace for further Middle East escalation.

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Iran strikes rattle ASX, oil prices

US military strikes on Iranian targets have sent oil prices surging and dragged the ASX lower, as traders brace for further Middle East escalation.

·City of Perth, Australia
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Oil prices rose in the last few hours as a result of new attacks by the United States on Iran and the responses of the latter, which resurfaced concerns about the length of the conflict in that region. However, futures have fallen as today’s day progressed. Brent crude from the North Sea began the day at 95.15 dollars per barrel (dpb) to reach a peak of 95.46 dpb and close at 94.49 dollars. Still, it had a 2.7 percent gain from the 91.99 dpb whe…

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Stockhead broke the news on Thursday, June 11, 2026.
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