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: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-23/asx-markets-business-live-news/107183492 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia