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Oil rebounds on Iran war uncertainty, global markets up on AI hype | Finance Report | ABC NEWS


The oil price rebounded as the United States and Iran traded draft agreements, but no deal was reached. Meanwhile, global share markets rose on excitement about AI, with the Korean market rocketing 23% in 10 days.
Alan Kohler also explains Australia’s stagnant housing market.

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Read more here: https://www.abc.net.au/news/2026-06-01/asx-markets-business-live-news-asx-wall-street-oil/106742798

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