The Australian sharemarket is set for an unsteady start amid a fresh escalation in tensions in the Middle East while SpaceX soared in its highly anticipated debut on Wall Street.

The ASX is set for a strong start after Wall Street rallied and oil prices tumbled. Follow the day's events and insights from our business reporters on the ABC News live markets…

US stocks drifted on Friday as falling oil prices supported sentiment, while investors turned their attention to the highly anticipated stock market debut of SpaceX, a closely…