The ASX is set to fall after Wall Street slipped overnight as hopes for a swift end to the war in Iran faded again. Follow the latest on our live markets blog.

Oil prices are rising following the latest fighting to threaten the US-Iran ceasefire, but Wall Street isn’t very worried, and US stocks are hanging near their records.

Oil prices are rising following the latest flare-up in fighting to threaten the US-Iran ceasefire, sending Wall Street lower.