The Australian News

Latest Australian news delivered daily

Oil soars after US-Iran stagnation, CSL tanks with $6.9b impairment | Finance Report | ABC NEWS


Oil prices rose, and the sharemarket fell today after President Trump rejected Iran’s response to a US peace proposal.
The ASX fell as CSL’s share price dropped 16% after it said the value of its assets and profits would be down.
# ABCBusiness

Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-05-11/asx-markets-business-news-live-updates/106663582

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


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | The News Room