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

The Australian sharemarket closed sharply lower and oil prices spiked after US forces carried out fresh airstrikes on Iran, with a deal to end the three-month war remaining elusive.

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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

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·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.

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

Confronto fonti

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

Timeline cronologica

ASX edges higher, oil dives on hopes of Iran deal

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

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

Asia shares take a breather as Gulf hostilities drag on

Oil rises and Asia stocks slide after new US strikes on Iran

ASX 200 news from Tuesday 26th May 2026: Shares end lower after oil spike; ASX Ltd dives 13pc in record fall…

Live: Australian stocks fall as US strikes dampen investor sentiment

ASX 200 news from Tuesday 26th May 2026: Shares end lower after oil spike; ASX Ltd dives 13pc in record fall after cost blowout

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

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 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

Asia stocks, oil prices mixed on US-Iran deal uncertainty

Stocks pare gain, oil climbs as US strikes Iran: Markets Wrap