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Show Notes
The ASX 200 has dropped 43 points (0.5%) as oil prices surge above US$100 per barrel following unsuccessful US-Iran peace talks and a US blockade of the Strait of Hormuz. Energy stocks dominate the market's winners list with eight of the top ten performers from the sector, led by Karoon Energy up 6%, while A2 Milk shares plummet 15% after downgrading its four-year sales and earnings outlook.
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