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Australia
31 August 2026
Live: Oil prices surge on latest US-Iran flare-up, ASX to slip as housing slump continues
The latest flare-up in hostilities between the US and Iran have led to a 3 per cent surge in the oil price. The Australian share market is likely to start its day lower. House prices are falling in most of the nation's capital cities. Follow the day's events on the ABC News live markets blog.
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