ASX Set for Flat Start as Oil Prices Slide; Uber’s $1.8b Robotaxi Play

ASX slides lower as miners and banks lose ground

The Australian sharemarket ended the week in the red as the big banks and miners lost ground amid concerns about the Iran war’s impact on energy prices.

PEAK ASSET: ARVO WRAP 19 March: ASX dives 1.7pc in $50b wipeout; Viva Energy soars on Mid East conflict | Trump seeks de-escalation after Iran, Israel trade strikes | Bass Oil Secures Bunian 6 Drilling Approval, Targeting Substantial Production Boost | -

19 March, 2026 Bass Oil (ASX: BAS) has gained Indonesian regulatory approval for the drilling contract at its Bunian 6 development well, a key step in its plan to boost production by approximately 500 barrels of oil per day by mid-2026. here! Across Markets… The sharemarket tumbled on Thursday, erasing more than $50 billion in value, as attacks on Middle East energy infrastructure pushed oil prices higher, stoking inflation fears and keeping a …

Closing Bell: ASX losses deepen as oil spike pulls markets off course

ASX plunges 1.65%, erasing the week’s gains and then some Hard hits in gold stocks, but broad pullback with eight sectors lower Energy stocks catch a tailwind as crude prices spike   Oil surges as Iran hits Qatar’s LNG operations again Qatar’s state-owned QatarEnergy confirmed its Ras Laffan LNG processing operations had again been hit by missile strikes at about 1pm AEDT. QatarEnergy Statement on Missile Attacks on its LNG Facilities In additi…