ASX set to fall sharply as global markets tumble; Oil prices surge

Sydney Morning Herald
by Stan Choe
March 3, 2026
ASX set to fall sharply as global markets tumble; Oil prices surge
A selloff for stocks is slamming into Wall Street after wrapping around the world, as oil prices leap even higher with worries that the widening war with Iran may do more sustained damage to the economy than feared.
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Originally published on Sydney Morning Herald on 3/3/2026