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ASX 200 news from Tuesday 26th May 2026: Shares end lower after oil spike; ASX Ltd dives 13pc in record fall after cost blowout
Market drops after US strikes on Iran; ASX Ltd tumbles on costs spike; Atlas Arteria expert says IFM bid undervalues stock; Formica ups Magellan stake; JPMorgan ups iron ore outlook. Follow live.
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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.
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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.
