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

Global stocks rose to record highs as crude oil fell after officials signalled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows.

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theage.com.auStai leggendo8 h fa

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

WTI crude fell 6% to $90/barrel and the MSCI World hit an all-time high on US-Iran deal signals to reopen the Strait of Hormuz. Strategists flag "sell the news" risk post-deal; the macro focus shifts to PCE data and new Fed chair Warsh's first rate moves.

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Timeline cronologica

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.
domenica 24 maggio 2026·theage.com.au
ASX on edge, Trump says no rush for Iran deal
The Australian sharemarket is set for an uncertain start to the session as US President Donald Trump said he had told his representatives not to rush into any deal with Iran,…

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

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

Timeline cronologica

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