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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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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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Timeline cronologica

sabato 23 maggio 2026·dawn.com
Oil rises amid US-Iran talks headway doubts
HOUSTON: Oil prices rose on Friday as investors doubted the prospect of a breakthrough in US-Iran peace talks, but...
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

Timeline cronologica

Oil rises amid US-Iran talks headway doubts

ASX edges higher, oil dives on hopes of Iran deal

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

Live: Australian stocks fall as US strikes dampen investor sentiment

Oil prices fall over 5% on hopes for Iran deal

Asian shares edge up, oil prices fall after Trump says peace talks on Iran war proceeding

Oil prices fall more than 5% on hopes of Iran deal

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

Live: ASX 200 set to fall despite Dow closing at record high, oil drops

Oil slips to 2-week low as US-Iran talks continue, but no peace deal yet

Oil prices fall over 5% on hopes for Iran deal

Oil prices fall more than 5% on hopes of Iran deal

Asian shares edge up, oil prices fall after Trump says peace talks on Iran war proceeding

Oil down 5% as US, Iran seen moving closer to peace deal

Oil prices dip amid hopes for US-Iran peace talks

Oil slips to two-week low as US and Iran seen moving closer to 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 on hopes for Iran deal

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

Live: Australian stocks fall as US strikes dampen investor sentiment

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