ASX set to jump as oil falls and sharemarkets rally on Iran deal hopes

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Source: The Age
Published: 2026-05-07 05:15 UTC+10:00
Section: Business / Markets
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
Oil prices are sinking and stock markets are bursting higher worldwide with hopes that the United States and Iran are nearing a deal to allow ships to deliver crude from the Persian Gulf once again to their customers.
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