ASX plunges as spike in oil prices over Middle East crisis sparks global inflation fears

Selldown linked to disrupted oil supplies, the single biggest contributor to global inflation, which makes most goods and services more expensive Follow our Australia news live ...

Early report Major update Updated Mar 9, 2026, 2:14 AM UTC

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Early report surfaced from Guardian 15h ago.

First seen Mar 9, 2026, 2:14 AM UTC Latest source Mar 9, 2026, 2:14 AM UTC

Update 1 15h ago

ASX plunges as spike in oil prices over Middle East crisis sparks global inflation fears

Guardian •published Mar 9, 2026, 2:14 AM UTC •fetched Mar 9, 2026, 2:42 AM UTC