ASX set to rise, oil drops as Middle East tensions ease
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Source: The Age
Published: 2026-07-27 05:25 UTC+10:00
Section: Business / Markets
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Australia, Iran, Energy, Business & Economy
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Snippet:
The Australian sharemarket is set to rise as the US paused an almost two-week run of strikes against Iran while the Islamic Republic signalled it was refraining from any retaliatory attacks and held talks with Oman over the Strait of Hormuz.
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