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Live: Oil prices surge after US launches strikes on Iran, ASX to slip after Wall Street's tech sell-off
The Australian share market is likely to fall in morning trade after a sell-off across technology and artificial intelligence (AI) stocks knocked Wall Street's tech index sharply lower. Oil prices surged after the US confirmed it launched strikes on Iran, after three commercial ships were attacked near the Strait of Hormuz. Follow live.
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theage.com.au
ASX falls following Hormuz attacks, tech stocks slump
Shares take a hit, falling more than 1 per cent on opening, as violence in the Strait of Hormuz and worries about overinflated AI stocks weigh on sentiment.
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smh.com.au
Aussie shares pare losses as US, Iran trade air strikes
The ASX made up for early losses to close the day slightly lower, as a rising oil price pushed energy shares higher.
