Shares slide, oil prices up as US-Iran truce hopes dim
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Shares slide, oil prices up as US-Iran truce hopes dim

May 5, 2026
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Posted 2 hours ago by

Asian markets have edged down while oil prices remain elevated as US-Iran tensions increase in the Middle East, dimming hopes for an end to the stand-off.

Shares slide, oil prices up as US-Iran truce hopes dim
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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