ASX set to rise, oil drops as Middle East tensions ease

🇦🇺 The Sydney Morning Herald (AU) —
ASX set to rise, oil drops as Middle East tensions ease

AI Summary

The Australian sharemarket (ASX) is expected to rise as Middle East tensions ease, marked by the US pausing a nearly two-week period of strikes against Iran. Concurrently, oil prices have dropped, influencing market sentiment positively.

The Australian sharemarket is set to rise as the US paused an almost two-week run of strikes against Iran.

World Markets Commodities Energy ASX Australian market oil prices Middle East tension Iran US strikes pause market rise

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