The local share market is set to open lower despite a strong rebound on Wall Street overnight. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

Oil prices sink to a three-month low on reports the US will allow Iran to start selling oil again, while the Australian share market is likely to open lower after big falls across…

Australian shares are set to open lower as Wall Street staged a comeback that drove the S&P 500 up. Oil dropped as the Strait of Hormuz resumed shipping. Follow live updates.

Stocks rose on Wall Street, taking back most of their losses from a day earlier, and are on track to notch weekly gains.

The local share market is set to open lower despite a strong rebound on Wall Street overnight. Follow the day's events and insights from our business reporters on the ABC News…