Industry Newsagentic aifinancial marketsrio tinto
ASX Recovers Amid Oil Rally Easing
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On Tuesday (Week 11), Australia's ASX recovered, rising just over 1% after Monday's oil-driven selloff that sent the XJO down as much as 4% before partial recovery. Brent crude traded near US$92 per barrel while geopolitical tensions rose after US warnings to Iran; tech and healthcare stocks led gains and Rio Tinto climbed over 1%. Morningstar flagged REA Group as vulnerable to agentic AI replication, raising potential disruption risks for online property platforms.
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