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    Oil price falls on rising hopes Strait of Hormuz might open soon | Finance Report | ABC NEWS

    ABC News (Australia)
    September 23, 2026
    via ABC News (Australia)

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    Oil price falls on rising hopes Strait of Hormuz might open soon | Finance Report | ABC NEWS

    Department store chain Myer has reported a full-year loss of $276 million amid a "material downturn" in consumer sentiment and "weak" discretionary spending. The ASX edged higher, led by mining stocks, with the energy sector lower on the back of falling oil prices. Subscribe: h

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