Markets decide 'war is over' with ASX higher and oil price down | Finance Report | ABC NEWS

The local share market rose as global investors bet on the US-Iran war being over within months, while oil prices fell.
But despite the market optimism, national fuel prices are yet to rebound amid supply shortages and surging inflation, as finance presenter Alan Kohler explains.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-04-15/asx-markets-business-live-news/106565754

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia #ABCBusiness