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ASX set for more losses as oil prices jump

Oil prices rose over 3% amid Iran war concerns, pushing Treasury yields higher and ending bets on Federal Reserve rate cuts this year, data from CME Group shows.

Summary by Sydney Morning Herald
The Australian sharemarket is set to open sharply lower after another climb for oil prices shook global markets.

3 Articles

Sydney Morning HeraldSydney Morning Herald
+2 Reposted by 2 other sources
Lean Left

ASX set for more heavy losses as war escalates

The Australian sharemarket is set to open sharply lower after another climb for oil prices shook global markets.

·Sydney, Australia
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Bias Distribution

  • 67% of the sources lean Left
67% Left

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Sydney Morning Herald broke the news in Sydney, Australia on Sunday, March 22, 2026.
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