Sep 6, 2026 – 12.43pmFresh military strikes between the US and Iran over the weekend threaten to push up energy prices and drag down the Australian sharemarket as investors brace for higher interest rates.The US launched strikes against three Iranian crude oil tankers in retaliation for the Islamic Revolutionary Guard Corps attacking two US Navy warships with ballistic missiles.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles