Global Markets | Australian shares lose $138 billion in value as oil surge stokes inflation fears

The Times of India - 9 maart 2026

Global Markets | Australian shares lose $138 billion in value as oil surge stokes inflation fears

Australian shares experienced a sharp 3% decline, losing over $138 billion as surging oil prices fueled inflation fears. The S&P/ASX 200 index hit its lowest point since December. Miners and financials bore the brunt, while energy stocks saw gains. Investors …

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