HomeGeneral NewsASX loses $120 billion as oil prices soar

ASX loses $120 billion as oil prices soar

March 9, 2026

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ASX drops 3.6 per cent as oil prices soar nearly 30 per cent amid escalating Middle East tensions

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In Short:
– The Australian sharemarket lost nearly $120 billion due to a surge in oil prices amid Middle East tensions.
– The S&P/ASX 200 Index dropped…

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