Australian stocks fall 3.2% as oil prices soar

Australian shares plunged over 3% on Monday, driven by escalating oil prices due to the ongoing Middle East conflict, exacerbating global cost-of-living concerns.

Mar 9, 2026 - 07:00
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Australian stocks fall 3.2% as oil prices soar
Australian shares plunged over 3% on Monday, driven by escalating oil prices due to the ongoing Middle East conflict, exacerbating global cost-of-living concerns.

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