ASX set to rise, oil falls as optimism on Iran deal grows

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Source: The Age
Published: 2026-05-26 05:15 UTC+10:00
Section: Business / Markets
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, World News, Business & Economy
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Snippet:
Global stocks rose to record highs as crude oil fell after officials signalled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows.
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