Laura Bessarati

Well, it's been another rough session for the Australian share market today.

So heading into the close, the Aussie market is sliding by roughly two thirds of a percent.

That means we're on track to fall for six straight days.

And that certainly could mark our longest losing streak since June 2022.

Yeah, that's here in Australia.

And then, of course, inflation data out of the United States as well later on in the week.

So it's an absolutely jam-packed week.

But you're right, markets are a little bit on edge because the US and Iran are making very little progress to really end the war.

So that optimism that we saw just a couple of weeks ago that really pushed our market higher, that a peace deal was

could potentially eventuate.

That's sort of faded and that's why we've plateaued as the month has gone on.

But in good news, still higher over the course of the month, just a little over 2.5% higher, as you pointed out.

But it has been quite interesting because we have seen US markets ticking higher last night to hit another fresh record high.

So records really

across the globe, but not here in Australia.

So around the world, it seems investors have sort of shrugged off what's been going on between the US and Iran.

So they've erased their war-driven losses.

And that's even as oil prices have remained elevated.

So let's talk about that briefly, because we have seen oil prices lift for seven straight sessions now.

And today,