ASX slips as oil surges above $US100 on US threat of Gulf blockade | Finance Report | ABC NEWS
Oil prices have surged back above $US100 a barrel, and global markets remain on edge after the failure of the US-Iran peace talks and the US president’s threat to launch a naval blockade of the Strait of Hormuz.
Alan Kohler also explains how the economy contributed to Viktor Orbán’s defeat in Hungary’s election.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-04-13/asx-markets-business-news-live-updates/106557140
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
