The Age
·general
·7 hours ago
Oil price up, local shares to bounce back; US markets steady
Oil prices approached $100 per barrel as Australia’s sharemarket is set to rise following steady US stock performance. Wall Street remained stable despite tensions surrounding the US-Israel war with Iran, with the S&P 500 up 0.5 percent. Financial analysts note the impact of a potential blockade on oil supplies amidst ongoing negotiations.
Summary by Glance · The Age
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