ASX stocks in focus as blockade begins
The US naval blockade of Iranian ports went live on Monday after peace talks in Islamabad collapsed over the weekend. Brent crude jumped 7% to US$102 a barrel, a gain of roughly 40% since the war began in late February, while US crude climbed to US$104. US equity…
Energy Stocks
ASX Energy Stocks to Watch After Iran Ceasefire Fails
ASX energy stocks fell between 5% and 12% last Wednesday when a short-lived Iran ceasefire triggered a sharp drop in oil prices, then bounced hard after weekend talks in Islamabad broke down entirely and the White House announced a naval blockade of Iranian shipping. Brent crude…
Viva Energy Drops After Refinery Support Boost
Viva Energy (ASX:VEA) tumbled roughly 10% on Wednesday, April 8, as a sudden Iran-US ceasefire sent oil prices crashing more than 16% in a single day, pulling the entire energy sector lower with it. At first glance, this makes little sense. The Federal Government had just upgraded its…
Thursday was a rough day if you owned ASX energy stocks given oil crashed 15%. Woodside (ASX:WDS) fell more than 10%. Santos (ASX:STO) dropped 6%. Beach Energy (ASX:BPT) slid 7%. The rest of the ASX actually rallied on the same day, making energy the one sector left bleeding.
And it was all because Trump announced a…
Tamboran falls on a major capital raise
Tamboran Resources (ASX:TBN) fell around 17% yesterday after announcing a major capital raise priced at A$0.25 per CDI, roughly 22% below the previous close of A$0.32. For shareholders watching their holding drop overnight, the reaction is understandable. But here is the thing: this selloff was not caused by…
Add a new term to your vocabulary: The Iran Ceasefire Rally. The rally on the ASX yesterday, that saw our bourse rise over 2.5% in its best day in several months, occurred amidst a 2 week suspension of hostilities in Iran. And the ASX was not alone with Asian markets and North American futures rallying,…
Tamboran Resources (ASX: TBN) Hits Record Beetaloo Well and INPEX Deal: Last Entry Before First Gas?
Tamboran Moves Closer to First Gas
Tamboran Resources (ASX: TBN) had one of its biggest weeks yet, delivering its best-ever Beetaloo well result and announcing a farm-in deal carrying the backing of INPEX, Japan's largest oil and gas producer. Following the record flow results announced on April 2, the stock has recently consolidated around A$0.30,…
Australian Active Fund Managers are struggling, make no mistake. Hitting home the point yesterday were reports that Ox Capital Management — a boutique emerging markets specialist led by veteran investor Joseph Lai; had entered formal wind-up proceedings on March 27 2026.
This wind up was not the first, and likely won't be the last. So each…
Paladin Energy Surges 7% Despite Legal Challenge
Paladin Energy (ASX: PDN) climbed roughly 7% on Wednesday despite news that the Métis Nation-Saskatchewan has filed a judicial review challenging the Environmental Impact Statement (EIS) approval for its Patterson Lake South (PLS) uranium project in Canada. A legal challenge on a flagship growth asset would typically be…
ASX energy stocks rally: buy now or wait?
An Iranian drone struck the Kuwaiti oil tanker Al-Salmi at Dubai Port's anchorage overnight, setting the fully loaded vessel ablaze and sending oil prices even higher. All 24 crew members are safe, and the fire has been brought under control. But the message this attack sends to…
