ASX dips, oil surges as US-Iran tensions ramp up
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ASX dips, oil surges as US-Iran tensions ramp up

April 20, 2026
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Posted 3 hours ago by

Equities are under pressure as hopes fade for a timely end to the Middle East conflict, after the US and Iran attacked commercial ships in the Hormuz Strait.

ASX dips, oil surges as US-Iran tensions ramp up
The West Australian
The West Australian

Coverage and analysis from Australia. All insights are generated by our AI narrative analysis engine.

Australia
Bias: lean right

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