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Live: Oil falls on peace deal hopes and ASX set to rise

The oil price has fallen 7 per cent on hopes the conflict in Iran will end in a peace deal. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

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smh.com.au1 mesi fa

ASX advances, oil dives on hopes of US-Iran deal

ASX 200 gained 0.4% to 8,692 Monday as oil dropped below $95/barrel on White House claims of imminent US-Iran deal progress, lifting miners, airlines (~6%), and IT stocks 1%. Geopolitical macro signals continue to drive sector rotations: energy under pressure, risk-on sentiment back—budget owners with commodity or travel exposure should watch deal confirmation before repositioning.

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theage.com.au1 mesi fa

ASX set to rise, oil falls as optimism on Iran deal grows

US-Iran deal talks sent MSCI ACWI to an all-time high and Nasdaq 100 futures up 1.4%, while WTI crude fell 6%+ to $90/barrel. Oil relief may ease inflation and delay Fed hikes under new chair Warsh, but strategists warn the deal looks largely priced in.

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Timeline cronologica

domenica 24 maggio 2026·smh.com.au
ASX advances, oil dives on hopes of US-Iran deal
The Australian sharemarket closed in the green while oil prices fell, amid rising hopes of an end to the Middle East conflict.
domenica 24 maggio 2026·smh.com.au
ASX edges higher, oil dives on hopes of Iran deal
The Australian sharemarket has climbed at the open while oil prices have tumbled on rising hopes of an end to the Middle East conflict.

Live: Oil falls on peace deal hopes and ASX set to rise

Confronto fonti

ASX advances, oil dives on hopes of US-Iran deal

ASX set to rise, oil falls as optimism on Iran deal grows

Timeline cronologica

ASX advances, oil dives on hopes of US-Iran deal

ASX edges higher, oil dives on hopes of Iran deal

ASX 200 news from Monday 25th May 2026: ASX ends higher on US-Iran deal optimism; Whitehaven Coal soars on…

Live: Australian stocks fall as US strikes dampen investor sentiment

ASX 200 news from Monday 25th May 2026: ASX ends higher on US-Iran deal optimism; Whitehaven Coal soars on Liushenyu mine explosion; Qantas…

ASX set to rise, oil falls on hopes for Iran deal

ASX falls, oil rebounds after US strikes Iran; Kogan jumps

ASX set to rise, oil falls on optimism over Hormuz deal

ASX set to rise, oil falls as optimism on Iran deal grows

Live: Oil falls on peace deal hopes and ASX set to rise

Live: Australian stocks fall as US strikes dampen investor sentiment

ASX slumps after fresh US strikes on Iran; banks fall, gold stocks plunge

ASX climbs, oil slides on tentative Iran deal