The Australian sharemarket dropped in early trade after oil prices resumed their war-triggered rally and a slump in tech stocks dragged Wall Street down overnight amid interest rate jitters.

The Australian sharemarket slid lower at the open after a mixed session on Wall Street, while oil prices continued to fall after the US and Iran paused their attacks.

The Australian sharemarket has slid lower at the open after a mixed session on Wall Street, while oil prices continued to fall after the US and Iran paused their attacks while…