ASX edges down after oil soars on heightened Middle East tensions | Finance Report | ABC NEWS

By ABC News (Australia)

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Oil prices have soared more than 10 per cent since late afternoon trade on Monday, with analysts saying the oil price could rise further as global supplies reach critically low levels. The ASX edged down, with energy leading the market as the world weighs the ramifications of the escalating conflict. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-07-14/asx-markets-business-live-news-july-14-2026/106911966 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia

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