ASX and oil prices slip as Trump claims Iran war will end soon | ABC NEWS

4 hours ago The News Room

US President Donald Trump says the Iran war “should be ending pretty soon” – remarks which led to oil prices dropping further and Wall Street hitting another record high. The local share market finished trading slightly lower, while the Australian dollar climbed to a 35-year high against the Japanese yen, as finance presenter David Chau explains.

#ABCBusiness

Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-04-17/asx-markets-business-live-news-april-17-2026/106573954

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia